Salmon Price-Fixing Cases Consolidated in Miami Federal Court

May 13, 2019, 7:06 PM

North Atlantic fisheries accused of conspiring to fix the price of farm-raised salmon by rigging its cash price in Oslo will go to Miami federal court to defend themselves.

Judge Cecilia M. Altonaga of the Southern District of Florida consolidated two proposed class actions May 10. Altonaga said she would also oversee other lawsuits claiming the top producers of farmed salmon propped up the Oslo “spot price,” a key benchmark that influences the global cost of fresh fish and futures sold through commodities exchanges.

The defendants include Norwegian seafood giants Mowi ASA, Grieg Seafood ASA, Bremnes Seashore AS, Salmar ASA, ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.