Starkist Hit With $100M Fine in Seafood Price-Fixing Scheme

September 12, 2019 International News, National, Pacific, Western Pacific

Starkist must pay a $100 million criminal fine for conspiring to fix packaged seafood prices, a federal judge ruled Wednesday, despite arguments it could bankrupt the company or cause its employees to lose jobs. “I think it’s in the interest of the economy not to bankrupt Starkist, but the court has the leverage to extend the payments out,”,, Starkist general counsel and senior vice president Robert Scott Meece said the company has about 100 employees at its Pittsburgh headquarters and 2,100 working at a factory in American Samoa. “These employees have had this hanging over their heads for a long time,” >click to read< 12:00

$100M Fine, American Samoa, Price-Fixing Scheme, StarKist, U.S. District Judge Edward Chen, U.S. Justice Department

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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