Kraft Kellogg General Mills Settlement: Is It A Genuine Class Settlement
Did you receive the about the Kraft Kellogg General Mills Settlement? It’s not a scam. You received the mail because you filed a claim.
A federal jury just dished out some justice, giving Kraft, Kellogg, Nestle, and General Mills a sweet victory. They scored almost $18 million in damages because of a sneaky price-fixing plan cooked up by the big egg players in the US and two industry groups.
Who Is Eligible For Kraft Kellogg General Mills Settlement
Kraft, Kellogg, General Mills, and Nestle are pointing fingers at Cal-Maine Foods and Rose Acre Farms, crying foul about an alleged anti-competitive price-fixing conspiracy. They’re not stopping there – they’re also giving side-eye to the United Egg Producers and United States Egg Marketers.
So, what’s the problem? Well, these food giants are saying the egg producers pulled a sneaky move by putting the squeeze on the whole industry’s supply, all while blaming it on supposed animal welfare upgrades.
How Is The Settlement
A jury gave Kraft, Kellogg, Nestle, and General Mills nearly $18 million because some big egg players and groups played dirty with prices. Now, why mess with the eggs? Well, during that time, prices hit rock bottom. So, the United Egg Producers supposedly told the egg bigwigs to make them scarce to fix pricing issues. Things didn’t go as planned and It was exposed.
Conclusion
Kraft, Kellogg, General Mills Settlement is not a scam. Kraft, Kellogg, General Mills, and Nestle are pointing fingers at Cal-Maine Foods and Rose Acre Farms, crying foul about an alleged anti-competitive price-fixing conspiracy. They’re not stopping there – they’re also giving side-eye to the United Egg Producers and United States Egg Marketers.