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General Mills, Mars, and McGee Foods recently joined the US food industry's antitrust lawsuit, accusing top US sugar producers of colluding to raise sugar prices. In a lawsuit filed in Chicago federal court, the companies alleged that US sugar companies and United Sugar Producers & Refiners essentially coordinated operations by reporting “competitively sensitive” pricing and sales data to independent market analysis agency Commodity Information Inc., which then released this information to subscribed sugar companies.
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General Mills, Mars, and McGee Foods recently joined the US food industry's antitrust lawsuit, accusing top US sugar producers of colluding to raise sugar prices. In a lawsuit filed in Chicago federal court, the companies alleged that US sugar companies and United Sugar Producers & Refiners essentially coordinated operations by reporting “competitively sensitive” pricing and sales data to independent market analysis agency Commodity Information Inc., which then released this information to subscribed sugar companies.
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