Wednesday, June 3, 2020

Four charged with chicken price-fixing

Four people have been charged with price-fixing in the United States broiler chicken markets.

Among them is Jayson Penn, chief executive officer of Pilgrim’s Pride.

The charges came today after a federal grand jury process in
Denver, Colorado.

Also charged are Roger Austin, a former Pilgrim's executive; Claxton Poultry President Mikell Fries and Claxton vice-president Scott Brady. The Department of Justice said the investigation is continuing.

“Particularly in times of global crisis, the division remains committed to prosecuting crimes intended to raise the prices Americans pay for food,” Assistant United States. Attorney General Makan Delrahim said. 

“Executives who cheat American consumers, restaurateurs, and grocers, and compromise the integrity of our food supply, will be held responsible for their actions.”

“The FBI (Federal Bureau of Investigation) will not stand by as individuals attempt to line their pockets while hard-working Americans and restaurant owners are trying to put food on their tables,” said Timothy R. Slater, Assistant Director in charge of the FBI’s Washington Field Office.


“Today’s announcement shows the FBI’s commitment to investigating allegations of price fixing so that the perpetrators can be held accountable.”

Too bad our federal Bureau of Competition Policy has failed to be as vigorous in investigating and prosecuting price-fixing in the wholesale egg industry.