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Settlement would pay an average of $4K to dairy farmers

2015-02-04 17:29:06| Food - Topix.net

More than 7,000 Northeast dairy farmers stand to get an average of $4,000 in a proposed settlement with the cooperative Dairy Farmers of America to resolve antitrust allegations. The 2009 class-action lawsuit charged the cooperative, its marketing arm Dairy Marketing Services and Dallas-based Dean Foods with working together to monopolize the market for raw milk in the Northeast, driving down prices paid to dairy farmers.

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