Salmon Farmers £382M Class Action Targets Atlantic Fish Farming Cartel

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Waterside said on Friday that some of the companies had already made multimillion-dollar payments to settle class actions brought by consumers and other buyers in the U.S. and Canada.

Salmon Farmers £382M Class Action : Additional Legal Actions

This proposed class action follows a separate £675 million claim being pursued at the CAT on behalf of supermarkets. The retailers — including food giants Asda, Iceland, Marks and Spencer, Morrisons, Aldi, Co-op, and Ocado — in a February claim accused 13 seafood businesses of fixing salmon prices in the U.K.

Waterside said its claim identifies consumers, rather than retailers, as the principal victims of the cartel. Waterside said it would argue that retailers passed on the majority of price-fixing onto their customers, who suffered most of the damage by the cartel.

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Defendants’ Responses

A Mowi spokesperson said the company “has not been involved in any anti-competitive conduct and believes that the allegations are unfounded.” Grieg Chief Executive Andreas Kvame said the business “denies any antitrust infringements or anti-competitive behavior and will exercise all its rights of defense.” The other defendants did not immediately respond to a request for comment.