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Hiding in Plain Sight: How the Agri Stats Settlement Exposed Price Coordination Operating Under the Cover of Inflation

When grocery prices surged across the United States during 2021 and 2022, most consumers blamed inflation. Rising fuel costs, supply-chain disruptions, labor shortages, and broader economic pressures appeared to offer a straightforward explanation for higher food bills. A newly settled antitrust case involving Agri Stats, Inc., however, has renewed a more complex debate among economists...