Competitors ask court to undo Pacific Seafood expansion

In the two weeks since Pacific Seafood announced it would consolidate its dominant position on Newport’s Bayfront with the acquisition of two additional fish processing plants, the deal has generated more litigation than fish fillets. On Thursday, two companies who claim Pacific illegally conspired with its competitors to lock them out of the Newport seafood processing business, filed an antitrust lawsuit in federal court to undo the transactions. The lawsuit alleges Pacific, under the leadership of third-generation Chief Executive Officer Frank Dulcich, acquired three properties on Newport’s Yaquina Bay in the past 23 months even though the plaintiffs offered more money. click here to read the story 08:17