Dean Foods settlement final
In the final settlement, the Court awarded all of the Plaintiffs’ costs of $1.5 million but only awarded $4.5 million in fees, out of the $8.5 million requested by the attorneys for the plaintiffs.
Judge hears final arguments for Dean Foods settlement with dairy farmers
The $30 million settlement, which is to be divided among 9,000 farmers in New England and New York state, is significantly less than an agreement Dean Foods made with 5,500 Tennessee farmers for $140 million last week.
Judge OKs $30M Dean Foods settlement in anti-trust suit
A federal judge in Vermont recently granted preliminary approval to a settlement of an antitrust suit that has pitted milk giant Dean Foods against New England dairy farmers.
Antitrust division to probe complaints about Dean Foods’ alleged monopolistic practices
Justice official says “competition isn’t well served when one player controls 70 percent of the market” Senators say dairy industry consolidation hurting farmers A lack of competition may allow dominant dairy processors to “exert power” and depress the price farmers receive for raw milk, according to Christine Varney, the assistant attorney general for the Antitrust [...]
Desperate times for dairy farmers
Economist: 150 farms could go out by next summer You’ve read the headlines. The dairy industry is in crisis. Milk prices have fallen to 30-year lows. Worldwide demand for cheese and powdered milk has plummeted because of the global recession. Farmers are eating into their equity to survive. But how bad is it, really? If [...]
