Texas AG files price-gouging lawsuit after egg prices jump 300 percent
Prior to the coronavirus pandemic, generic eggs sold for a little over a dollar a dozen. Now they’re going for $3.32, a jump of more than 300 percent. Last week, Texas Attorney General Ken Paxton filed a lawsuit against the country’s largest egg producer Cal-Maine over alleged price-gouging, Wall Street Journal reports. In the suit, Paxton accuses the company of “taking advantage of a disaster.” Cal-Maine, which boasts on its website of having the largest share of the grocery egg market, maintains that it has no control over prices and denied the AG’s allegations.