News and analysis for the global poultry industry.
Industry News & Trends / North America
on January 11, 2021

Pilgrim’s agrees to pay $75M settlement in antitrust case

Company says it has reached a deal to pay buyers $75 million, but it is not admitting guilt in collusion case

Pilgrim’s Pride has reached a deal to pay $75 million to its buyers to settle claims that the company colluded with other poultry producers to fix chicken prices and rig bids.

According to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC), Pilgrim’s Pride has entered into…

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