No auction at Peterhead Fish Market after boycott by processors
The Aberdeenshire town is the biggest white fish port in Europe and the market is one of the largest. The dispute centres around Peterhead Port Authority’s decision to stop certain buying practices which it said are anti-competitive. It operates as a traditional shout auction with processors bidding for boxes of fish landed at the harbour. Until recently, as part of that, the practice of so-called bid sharing or ringing was commonly used, which is when buyers sometimes bid in groups rather than individually. However, Peterhead Port Authority, which runs the market, is putting a stop to this. >click to read< 07:29
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