Tuna Industry Faces a Price-Fixing Scandal as Bumble Bee CEO Faces Criminal Charges

Price-fixing allegations have rocked the food world for the second time this year, as the CEO of Bumble Bee Foods is facing criminal charges for allegedly working to eliminate competition in the packaged seafood industry. Christopher Lischewski has been charged with one count of price fixing. That follows earlier similar charges against three StarKist tuna executives. One, who served as senior vice president for sales, pleaded guilty last year. Two other Bumble Bee executives have already pleaded guilty to price-fixing, and the company itself agreed to pay a $25 million fine for the same offense last year. >click to read<14:27

Leave a Reply