StarKist faces $100m fee for fixing tuna prices
Posted by Josh Taylor / October 24, 2018
SunKist has agreed to plead guilty to a charge of felony price fixing. “The DOJ said StarKist faces up to a $100 million fine when it is sentenced. Prosecutors allege that the industry’s top three companies conspired between 2010 and 2013 to keep prices artificially high.” Last year, Bumble Bee Foods pled guilty for the same charge last year, but only paid $25 million. None of their executives have been charged with a crime.
“The conspiracy to fix prices on these household staples had direct effects on the pocketbooks of American consumers,” said Assistant Attorney General Makan Delrahim.
Full story at USA Today.
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