Sen. Charles Schumer, D-N.Y., warned a sale of Parmalat’s plants to a major competitor could lead to higher milk prices in his home state.

The Justice Department should closely monitor any deal to sell the troubled Parmalat company’s milk bottling plants in Sen. Charles Schumer, D-N.Y., warned a sale of Parmalat’s plants to a major competitor could lead to higher milk prices in his home state.