StarKist Reaches Tuna Price-Fixing Settlement With Kroger and Other Retailers
15 Março 2019 - 2:33PM
Dow Jones News
By Maria Armental
StarKist Co. has reached a settlement to resolve antitrust
complaints from a group of retailers, including Kroger Co., the
latest such resolution following its admission that it conspired
with other companies to raise prices on canned tuna.
Financial terms weren't immediately disclosed.
The Pittsburgh-based company, a subsidiary of South Korea's
Dongwon Industries, already had reached similar settlements with
Target Corp. and Walmart Inc.
"We will continue to conduct our business with the utmost
transparency and integrity, and we hope to resolve the remaining
lawsuits with our other customers under similarly fair and mutually
beneficial terms," StarKist Chief Executive Andrew Choe said in a
statement.
A company representative couldn't immediately be reached for
comment.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 15, 2019 13:18 ET (17:18 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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