Dairy Farmers Win Millions in Price-Fixing Settlement

Dairy Farmers of America and other entities have agreed to pay $158.6 million to farmers across 14 states to settle an antitrust suit alleging that the dairy cooperative conspired to fix the price of milk in the Southeast. About 7,000 farmers brought about the lawsuit that claimed that Dean Foods controlled milk prices in the region by allowing the Dairy Farmers of America to manage the milk supply of both its member farmers and independent producers who chose to supply bottlers under separate contracts. Read more (AgWeek).