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Food News


THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.

Bumble Bee agrees to plead guilty and pay millions for price fixing

May 9, 2017- from the SeafoodSource:

"Bumble Bee Foods has agreed to plead guilty to one count of price fixing as well as pay a USD 25 million (EUR 22.8 million) fine for its alleged role in conspiring to set the cost of canned and pouched tuna in the United States, the U.S. Department of Justice announced in a statement on 8 May."
"According to the Department of Justice, executives from Bumble Bee, Thai Union Group’s Chicken of the Sea and StarKist – known collectively as the “big three” because, combined, the companies own 70 to 80 percent of the U.S. multibillion-dollar packaged tuna industry – all took part in meetings between 2011 and 2013 that involved discussions and strategizing around how 'to fix, raise, and maintain the prices of packaged seafood' in the United States."

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