Justice Department investigating surge in egg prices: report

The U.S. Department of Justice is examining the current rise in egg costs, according to a report.

Antitrust enforcers with the department are checking out the reason for increasing costs, consisting of whether egg manufacturers have actually conspired to synthetically inflate them by keeping back supply, the Wall Street Journal reported, pointing out sources.

Egg costs have actually doubled in the in 2015 and the U.S. Department of Farming anticipates they might increase once again by 41% over this year.

The increase in costs has actually been partly sustained by the bird influenza, which has actually caused the massacre of more than 166 million birds to stem the spread, with a lot of being egg-laying chickens.

FOX Service has actually connected to the Justice Department for remark.