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  • Bumble Bee Tuna Files for Bankruptcy Following Price-Fixing Scandal

    11/26/2019 1:44:46 AM PST · by LibWhacker · 44 replies
    Food & Wine ^ | 11/25/19 | Mike Pomranz
    Bumble Bee Foods—which along with StarKist and Chicken of the Sea is one of America's largest canned tuna brands—filed for bankruptcy on Thursday and plans to sell its business to the Taiwanese seafood company FCF Fishery. The sale should conclude what has been a wild ride for Bumble Bee since 2015 when a previous sale attempt revealed a massive price-fixing scheme across the entire U.S. tuna industry. But for consumers, store shelves should remain normal despite all the chaos behind the scenes. Though the Department of Justice had long appeared concerned about price fixing in the canned tuna market, things...
  • Slaves Used To Catch Fish That End Up On U.S. Tables

    04/03/2015 5:30:46 PM PDT · by Lorianne · 65 replies
    Times Union / AP ^ | 24 March 2015 | Margie Mason, Martha Mendoza and Robin McDowell, Associated Press
    Benjina, Indonesia ___ The Burmese slaves sat on the floor and stared through the rusty bars of their locked cage, hidden on a tiny tropical island thousands of miles from home. Just a few yards away, other workers loaded cargo ships with slave-caught seafood that clouds the supply networks of major supermarkets, restaurants and even pet stores in the United States. Here, in the Indonesian island village of Benjina and the surrounding waters, hundreds of trapped men represent one of the most desperate links criss-crossing between companies and countries in the seafood industry. This intricate web of connections separates the...