Hawaii may get 1M eggs in price-fixing settlement

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1–2 minutes

Summary

Hawaii could receive about 1 million eggs under a proposed settlement over alleged egg price fixing.

Why this matters

The settlement could send eggs directly to Hawaii food banks while imposing limits and compliance requirements on major egg producers. It also outlines how state and federal officials said benchmark egg prices were influenced during a period of high costs.

Hawaii may receive about 1 million eggs under a proposed settlement with three of the nation’s largest egg producers, according to the state Attorney General’s Office.

The U.S. Department of Justice and 17 states, including Hawaii, reached the agreement with Cal-Maine Foods Inc., Versova/Centrum, and Hickman’s Egg Ranch after filing a civil lawsuit alleging unlawful inflation of the daily egg price index.

Under the proposed settlement, the companies would pay a combined $3.3 million and donate 53 million eggs to participating states. Hawaii Attorney General Anne Lopez said the state’s share was still under review because of distribution logistics. If Hawaii receives the eggs, they would go directly to food banks.

“When companies illegally manipulate prices, Hawaii families pay the price at the checkout counter,” Lopez said in a news release. “This settlement holds these producers accountable and helps ensure that essential food items remain accessible to families and communities in Hawaii and across the nation.”

According to the attorney general’s office, a Justice Department antitrust investigation found that from June 2022 to March 2025, the three companies coordinated bidding activity to influence daily egg price quotes published by Urner Barry, a benchmark pricing service.

The release said that, in December 2022, Hickman’s chief executive officer emailed executives at Versova and Cal-Maine urging them to submit “strong bids, early and often” to raise prices. The companies then submitted higher bids, and Urner Barry increased its price quotes, according to the release.

The attorney general’s office said that affecting the Urner Barry benchmark raised egg prices paid by retailers and consumers nationwide.

A Hawaii Department of Agriculture market analysis issued in March 2025 found that the benchmark price for a dozen mainland eggs rose 30% to $9.46, while the benchmark price for a dozen large, locally produced eggs rose 20% to $9.51. The analysis also said Hawaii consumers had fewer brands to choose from because of egg shortages on the mainland.

If approved by a court, the settlement would bar communications about bidding strategies and prices. It also would require antitrust compliance measures and compliance officers, with reports to the states and the Justice Department.

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