Tag Archives: Ocean Gold Seafoods
Pacific Seafood Group calls off acquisition of Ocean Gold Seafoods – Fishermen press forward with the lawsuit
Pacific Seafood Group announced Tuesday it has canceled plans to acquire Ocean Gold Seafoods, citing a legal challenge from commercial fishermen who allege the purchase would expand Pacific Seafood’s monopoly power over the groundfish, whiting and coldwater shrimp markets. A federal judge granted the fishermen a temporary restraining order to block the acquisition of the Westport, Wash., fish processing plant and scheduled a hearing for early February. Read the rest here 19:50
Fishermen temporarily block Pacific Seafood Group’s acquisition of Ocean Gold Seafoods, claiming monopoly
Commercial fishermen, including a groundfish trawler from Astoria, have won a temporary restraining order blocking Pacific Seafood Group’s acquisition of Ocean Gold Seafoods, among the largest seafood processors on the West Coast. The fishermen allege that the acquisition would increase Pacific Seafood’s monopoly power in the groundfish, whiting and coldwater shrimp markets in violation of federal antitrust law. Read the rest here 09:07
