MONTPELIER, Vt. — The cooperative Dairy Farmers of America has agreed to pay a total of $50 million to thousands of Northeast dairy farmers to settle antitrust allegations from a 2009 class-action lawsuit.
The 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.
DFA said in a statement Monday that it did not admit any wrongdoing under the terms of the settlement.
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