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Trump Administration Investigates Rising Egg Prices: Report
The Justice Department (DOJ) has launched an investigation into the sharp rise in egg prices, examining whether major producers colluded to inflate costs or restrict supply, according to reporting by The Wall Street Journal.
Egg prices have surged nationwide due to an outbreak of avian influenza, which has greatly reduced the number of egg-laying hens. Last month, the Trump administration introduced a five-part plan to combat surging egg prices but cautioned that it may take time before consumers notice lower prices at the checkout counter.
According to the Wall Street Journal, while the DOJ inquiry is still in its early stages, it remains unclear whether it will lead to legal action or whether it falls under civil or criminal jurisdiction.
This is a developing news story and will be updated as more information is available.
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