Canadian class action seeks $500 million over alleged salmon market price-fixing

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Several Norwegian salmon producers are facing a class action lawsuit over alleged price-fixing affecting Canadian consumers.

TORONTO -- Several Norwegian salmon producers are facing a $500-million class action lawsuit over allegations of price-fixing collusion on product that ended up in Canada.

“To be honest it is considered a very obscure industry… nothing is negotiated in public, compared to beef or pork for example,” said food distribution and policy professor at Dalhousie University Sylvain Charlebois on CTV’s Your Morning Thursday. The Lead plaintiff in the case is anti-poverty activist Irene Breckon of Elliot Lake, Ont., and the defendants include several Norwegian companies and their subsidiaries operating out of North America including Grieg Seafood, Leroy Seafood Group and Mowi.

The suit alleges that price-fixing contributed to a large jump in price from 2015 to 2016, which was recorded by theCharlebois said that talking about this issue and making the public aware is a “big step” in preventing further price issues in the seafood industry from occurring.None of the allegations have been tested in court and the class action has not been certified.

 

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Now that’s why it’s $1000 for a little piece at Sobeys/Metro/Loblaws/Wal Mart/Longos/WholeFoods etc.

Mmmm.... corn fed, farmed GMO salmon from Norway!

CTVAtlantic Farmed ?

Lawyers looking for a quick lucrative payout. In your dreams, it will go nowhere. The fish market is a fickle market too complex at times to figure out because of seasonal changes.

And airlines...

Who gets a cut of this law suit? I eat salmon weekly!!!!

Good, now do cell services

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