I mean no. The LIBOR analogy is appropriate. Large, long-term egg supply contracts are fixed to an index and that index was manipulated. That's criminal conspiracy and price fixing, not just a liquid market.
That's notably different from say the current scrum for HBM where the demand truly came as a surprise and scarce supply gets bid up.
Micron's windfall is justified and natural as these things go. The egg windfall was manufactured and criminal.
That's notably different from say the current scrum for HBM where the demand truly came as a surprise and scarce supply gets bid up.
Micron's windfall is justified and natural as these things go. The egg windfall was manufactured and criminal.