- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Seafood company, Bumble Bee, pleaded guilty yesterday and agreed to pay a $25 million criminal fine resulting from an ongoing federal antitrust investigation into the packaged seafood industry.
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The former president and CEO of packaged seafood company Bumble Bee was convicted for his participation in an antitrust conspiracy to fix prices of canned tuna, the Justice Department announced.
The European Commission has fined Dutch food-processing company Coroos and French agricultural cooperative Groupe Cecab a total of €31.6 million (U.S. $34.5 million) for engaging in a cartel scheme that spanned more than a decade.
StarKist must pay a criminal fine of $100 million, the statutory maximum, for its role in a conspiracy to fix prices for canned tuna sold in the United States.
