Eggs will be offered for sale on February 25, 2025 in a grocery store in Manhattan in New York City.
Spencer Platt | Getty pictures
The US Ministry of Justice has opened an investigation of the potential antitrust problems in connection with the increasing price of eggs, the Wall Street Journal reported on Friday and cited people who are familiar with the matter.
The examination, which is at an early stage, includes a look whether large egg manufacturers have worked together to increase prices or reduce the offer, the report says.
The news comes that the price for eggs has increased and have given some restaurants to announce changes to the menu and reports on grocery stores with empty shelves. For example, Denny's announced last month that it has passed on increasing egg costs to customers in the form of a surcharge.
In the most recent report by the consumer price index report, the data of the Bureau of Labor Statistics showed that the price of eggs has dropped by 53% compared to the previous year. Seasonally adapted base rose the cost of eggs by 15.2%between December and January. This was the greatest increase in the Eggs Index since June 2015.
The price increases seem to be at least partially due to an outbreak of bird flu, which caused the egg producers to roll their populations. The Advocacy Group Farm Action sent a letter to the Doj and Federal Trade Commission last month, in which an investigation of other causes was requested.
CNBC has not independently confirmed that this examination has not yet been completed. The Ministry of Justice did not immediately respond to CNBC's request for a comment.
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