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Major Food Companies Allege US Sugar Producers Colluded on Price
Source: Bloomberg
Legal & LitigationAntitrust & CompetitionConsumer Demand & RetailCommodities & Raw Materials
General Mills, Mars and McKee Foods joined expanding antitrust litigation alleging that leading U.S. sugar producers colluded to inflate sugar prices. The claims could create legal and cost pressures for sugar suppliers while highlighting elevated input-cost risks for food and beverage manufacturers that use the sweetener.
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