A price-fixing class-action lawsuit against several major Norwegian salmon farming firms will proceed, following a ruling by U.S. District Judge Cecilia M. Altonaga. The lawsuit, led by attorney Peter Prieto, accuses companies like Mowi ASA and Grieg Seafood ASA of violating the Sherman Antitrust Act by illegally conspiring to control the price of farm-raised salmon. Plaintiffs, who are direct purchasers of the salmon, allege the seafood powerhouses exchanged competitively sensitive information to inflate prices. This legal action in the Southern District of Florida is concurrent with ongoing investigations into the matter by both the European Union and the U.S. Department of Justice.
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Originally published by Michael A. Mora | Mar 26, 2021 | Law.com
