Last week, Hagens Berman filed a class-action antitrust lawsuit against several large players in the dairy industry, including the National Milk Producers Federation, Dairy Farmers of America, Land O'Lakes, Inc., Agri-Mark, Inc., and Cooperatives Working Together (CWT) alleging the groups conspired to fix the price of milk throughout the United States.The lawsuit alleges that between 2003 and 2010, more than 500,000 cows were slaughtered prematurely under CWT's dairy herd retirement program in a concerted effort to reduce the supply of milk and inflate its price nationally. According to the complaint, "the increased price allowed CWT members to earn more than $9 billion in additional revenue."
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Posted 10/4/2011
