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. [1] 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. Many of these food industry antitrust cases revolve around trade association activity and third-party information exchanges. While such activities are generally lawful and procompetitive, certain factors may expose food companies to greater antitrust risk and leave them
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The US District Court for the Northern District of California announces a $100,000 fine and sentences a former CEO to 40 months in prison for his role in a tuna price fixing conspiracy involving two competitors (Bumble Bee Foods)
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