Bizjournals
A federal court ruled Wednesday that StarKist Co. will have to pay a fine of $100 million for its role in a conspiracy to fix the price of canned and pouched tuna.
The company announced the fine in a statement on its website Wednesday. The fine was handed down by the United States District Court, Northern District of California.
Andrew Choe, StarKist president and CEO, said in a statement that the company had accepted its responsibility in the price-fixing case and that it had cooperated with the Department of Justice in its investigation. More
And now, how about Big Pharma and the medical industry including insurance companies?
Jimmy – National competition is the place to start there!
isn’t Nan Pelosi heavily involved in ‘Starkist’?
… something about tax-free status on one of those islands the US owns in the Pacific (one that hasn’t tipped over yet)
Nancy Pelosi and her husband are major share holders in Sunkist. While arguing for a $15 minimum wage, she also argued Factory workers in American Samoa, which produces canned Tuna for Sunkist. I BUY bummblebee Tuna. No Sunkist in my home.
@Katdog — Bumblebee was one of the three top tuna canners named in the case.
We buy Costco’s Kirkland brand albacore. Best tuna there is. Never saw their tuna prices go way up during all this, either.
That’s why I have always stuck with Schooner Tuna – the tuna with a heart!
Thanks Abigail. We Don’t eat much tuna. I’ll plan accordingly.
You can tune a piano, but you can’t tune a fish.
Today they had tuna & chicken salad on texas toast at the watering hole.
It was really tuna or chicken salad, I just made fun of the & on the special board.
So…..100 million dollar fine.
I suspect all that money goes into the government coffers while the plebes are left holding the tuna bag.
Bongo
SEPTEMBER 12, 2019 AT 8:20 PM
“You can tune a piano, but you can’t tune a fish.”
…so I’ve heard…
https://upload.wikimedia.org/wikipedia/en/5/5b/YouCanTuneaPianoButYouCantTunaFish.jpg
Bongo,
As a piano guy, I would say you can tuna fish.
It would be possible to make a dried fish xylophone.
I just figure out why.
A hundred mil? Pffft. Pelosi scammed that much money per year from the taxpayers. Trouble is, she’s so far gone she has no idea which off shore account she hid all that money in.
I buy it by the case albacore from Merino’s In Westport. Packed in olive oil. And I buy Ortiz bonito packed in oil.
@ΜΟΛΩΝ ΛΑΒΕ: “isn’t Nan Pelosi heavily involved in ‘Starkist’?”
repost:
” toby miles FEBRUARY 28, 2019 AT 4:18 PM
Something smells fishy, and it is- fishy
pelosi’s ‘Tuna Surprise’
“Economists of every political stripe agree that a higher minimum wage will cost some low-skill workers their jobs. But don’t believe us; just ask Democratic Speaker Nancy Pelosi.
The House last week whooped through an increase in the minimum wage to $7.25, by a vote of 315-116. But, lo, included as part of this boon to the working man was a loophole: The new, higher wage floor applied to all of these United States and its territories – save for the Pacific outpost of American Samoa. In the immortal words of Congressman Patrick McHenry (R., N.C.), “There’s something fishy going on here.”
…
“It turns out that American Samoa has a big fish and tuna canning industry, specifically operations run by StarKist and Chicken of the Sea. Both companies are headquartered in California, and StarKist’s parent is located in none other than Ms. Pelosi’s own San Francisco district. So faster than you can say “middle class squeeze,” Democrats rediscovered the eternal economic truth that a higher minimum wage can cost jobs and granted Samoa its reprieve.” …
“StarKist Co. has reportedly agreed to plead guilty to charges of price fixing as part of a conspiracy with two of its competitors to keep the price of canned tuna high.
and
“Federal prosecutors announced the plea agreement on Thursday, which includes a fine of up to $100 million, according to The Associated Press. In the same deal, a former StarKist executive and two former Bumble Bee Foods executives pleaded guilty to price fixing.”
https://www.americanthinker.com/blog/2018/10/starkist_pelosi_political_favors_and_political_corruption.html
“Paul Pelosi owns a $17 million investment in H. J. Heinz’s company, which in turn owns ~75% of Del Monte Corp’s stock. Del Monte is the parent company of StarKist. StarKist Tuna owns one of the two packing plants on American Samoa. Combined both plants employ over 60% of the population paying less than $3.75 a hour in wages.”
https://iotwreport.com/starkist-pelosi-political-favors-and-political-corruption/
this points to the contradiction of raising minimum wage decreases job availability, and also points out favoritism in government.
I’m going to let this ruminate in my head for a little and see if something isn’t seared into my hippocampus, and that I can contribute about. There’s a lot about feinstein and pelosi that is ripe for pointing out contradictions.
Toby. Thanks for this info. These people are such hypocrites.
@Katdog, Without hypocrisy, double standards, two law system, racism and lack of self-awareness, Progs would have no placemat.
Pelosi made sure that Samoa was exempt from the wage bill.
As Speaker her gross worth increased some 400% (or so I read somewhere).
Congress is corrupt.
Each and every one of them knows of the corruption – and struggles to become the most corrupt.
Make corruption a capital offense.
Make lying to your constituency (or better yet, lying to ANY American) a capital offense.
Make the punishment fit the crime.
Once we understand that corruption and lying are destroying the Republic, we may begin to take it seriously.
izlamo delenda est …