Dole Abandons Fresh Express Deal Under DOJ Antitrust Pressure
Fresh Express, which is owned by Chiquta Holdings, has dropped its plans to acquire Dole’s Fresh Vegetables division after antitrust regulators said the move could harm competition. …
Department of Justice
U.S. Drops Price-Fixing Charges Against Chicken Executives After Mistrials
The U.S. Justice Department asked a federal court in Denver on Thursday to drop price-fixing charges filed against five executives of chicken producing companies after two mistrials in the case focused on competition in the $65 billion poultry sector. …
Four Executives and Company Charged with Price Fixing in Ongoing Investigation into Broiler Chicken Industry
A federal grand jury in Denver, Colorado, returned an indictment yesterday charging Koch Foods, headquartered in Park Ridge, Illinois, for participating in a nationwide conspiracy to fix prices and rig bids for broiler chicken products. Separately, a federal grand jury in Denver returned an indictment charging four executives for their roles in the same conspiracy. …
New York Fisherman and Fish Dealer Charged with Conspiracy, Fraud, and Obstruction
A federal grand jury in the Eastern District of New York unsealed the indictment of one fisherman, a wholesale fish dealer, and two of its managers for conspiracy to commit mail and wire fraud and obstruction in connection with a scheme to illegally overharvest fluke and black sea bass. …
DOJ: Pilgrim’s Pride Pleads Guilty to Price Fixing, Sentenced to a $107M Criminal Fine
Pilgrim’s Pride Corporation (Pilgrim’s), a major broiler chicken producer based in Greeley, Colorado, has pleaded guilty and has been sentenced to pay approximately $107 million in criminal fines for its participation in a conspiracy to fix prices and rig bids for broiler chicken products, the Department of Justice announced today. …