A PYMNTS Company

Bumble Bee CEO To Pay Washington State In Price-fixing Suit

 |  November 1, 2020

Washington State Attorney General Bob Ferguson recently announced that Christopher Lischewski, formerly the CEO of Bumble Bee brand tuna, will pay US$100,000 to Washington for his role in a canned tuna price-fixing scheme that artificially inflated the price of tuna from the three largest national brands: Bumble Bee, Chicken of the Sea, and StarKist.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Washington was the first state to sue the companies and the first to reach a legally-binding agreement with Lischewski, who is now serving a 40 month sentence in federal prison in Arizona after a jury found him guilty of criminal price-fixing.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    The price-fixing conspiracy led to Washington consumers overpaying millions of dollars for packaged tuna. The Attorney General’s Office (AGO) is investigating the precise effect on Washingtonians as the case continues.

    According to the AGO, for years, Lischewski worked with the executives of Chicken of the Sea and StarKist, the largest manufacturer of canned tuna in the world, to artificially control the prices consumers paid for packaged tuna. Under the scheme, a consumer who would have normally paid US$1 for a five-ounce can of chunk light tuna — one of the most popular tuna products on the market — would instead have paid US$1.08 as a result of this conspiracy.

    “Washingtonians are struggling,” Ferguson said. “They don’t need to be paying any more money for basic food items because corporate executives engaged in an illegal price-fixing scheme. I will hold corporate executives personally accountable for illegal schemes that hurt Washingtonians.”

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.