Food industry antitrust update: Tuna company ex-CEO sentenced to 40 months in prison for price-fixing

On 16 June 2020, the former CEO of Bumble Bee Foods LLC was sentenced to 40 months in prison and fined US$100,000 for his role in a tuna price-fixing conspiracy involving two competitors. This sentence is one of the most significant penalties ever imposed on a corporate executive in a criminal price-fixing case and highlights a significant increase in antitrust scrutiny of the food industry that has resulted in both government enforcement and numerous civil antitrust class actions against major food producers.

Read More: Food industry antitrust update: tuna company ex-CEO sentenced to 40 months in prison for price-fixing


Download PDF Back To Listing
Loading data