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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.

StarKist’s former senior vice president of sales charged in ongoing tuna price-fixing scandal

June 5, 2017: The SeafoodSource:

"Stephen L. Hodge, a former senior vice president of sales for StarKist, has been charged with price-fixing in the latest development in a federal investigation that has shaken up the canned tuna industry in the United States."
"The scandal, which originated out of a joint criminal antitrust investigation by the U.S. Department of Justice and the Federal Bureau of Investigation, has engulfed the so-called “big three” tuna companies - Bumble Bee Foods; Thai Union-owned Tri-Union Seafoods, which controls Chicken of the Sea; and StarKist, owned by Dongwon Industries, South Korea’s largest seafood company. Last month, Bumble Bee Foods became the first of the three to plead guilty to price-fixing and was subsequently fined USD 25 million (EUR 22.8 million). Two Bumble Bee executives also pled guilty to price-fixing earlier this year and are awaiting sentencing."
"Separately, several large retailers, including Wal-Mart, have filed a civil lawsuit against the "big three" tuna companies, which remains on hold until the criminal investigation is completed."

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