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If the StarKist and Lion deals are approved, StarKist will pay $130 million to settle the claims, and the Lion companies will pay $6 million. These settlements, when combined with the $16.2 million in benefits provided by the Chicken of the Sea settlement, create a $152.2 million settlement fund.
The canned tuna that is sold in retail outlets in the U.S. can be conceptualized as a branded differentiated product. The most popular brands are Bumble Bee, Chicken of the Sea (“CoS”), and Starkist. Under the umbrella of these brands, consumers can choose between Albacore tuna and Skipjack tuna, with the former providing lighter, more solid
17 sie 2020 · StarKist, the No. 1 brand in the category for many years running, was founded in 1917 by a Croatian immigrant in California. Chicken of the Sea, known as the discount brand with cheaper prices ...
27 cze 2024 · StarKist and the former owner of Bumble Bee Foods have reached a settlement in a civil lawsuit in the US over alleged price-fixing of canned tuna.
14 sie 2024 · StarKist agrees to $130 mln settlement for consumers; $58.7 mln in cash, product for other purchasers; Settlements resolve claims of price-fixing conspiracy
30 wrz 2024 · The class action lawsuit contends that from June 2011 to July 2015, several tuna companies, including Chicken of the Sea, Bumble Bee, and Starkist, conspired to artificially inflate the prices of packaged tuna products in violation of antitrust and unfair competition laws in the United States.
26 cze 2024 · Two classes of plaintiffs and the owners of StarKist and Bumble Bee Seafood have reached a settlement in a civil lawsuit related to price-fixing allegations.