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Elizabeth Warren: “These giant companies were still raking in record profits…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Egg producers got caught colluding to inflate prices

Published | Video Starts at 00:27

Look, two years ago, egg prices were soaring, and the biggest egg producers blamed the price hikes on bird flu. At the same time, These giant companies were still raking in record profits [while egg prices were soaring]. So I pushed the Justice Department to investigate whether these companies were manipulating the market. Well, the Justice Department did investigate and ended up accusing three major egg producers of doing exactly that. (00:27–00:34)

CLAIM

Asserts that large egg companies made record profits during a period of high egg prices.

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