Pilgrim's Pride CEO and three other chicken industry execs indicted for alleged price fixing conspiracy

Senior executives from two major US chicken producers have been indicted for allegedly conspiring to fix prices and rig bids on "broiler chickens," which are sold to grocery stores and restaurants.

Senior executives from two major US chicken producers have been indicted for allegedly conspiring to fix prices and rig bids on "broiler chickens," which are sold to grocery stores and restaurants.

The indictment, returned Wednesday by a federal grand jury in the US District Court in Denver, Colorado, marks the first charges to be brought on as part of an ongoing Justice Department investigation of anti-competitive behavior in the chicken industry.

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