A federal court judge has granted a temporary restraining order against Pacific Seafood Group’s plans to purchase a controlling interest in Ocean Gold Seafoods and its affiliates.
The action, ordered last Friday by U.S. District Court Senior Judge Owen Panner, adds to the antitrust litigation filed more than four years ago by several West Coast fishermen.
The fishermen fear the acquisition would give Pacific Seafood monopoly power in the market for groundfish, whiting and cold-water shrimp.
The federal judge in Medford, Oregon, granted the temporary restraining order Friday and set a hearing for Feb. 9 on the antitrust lawsuit.
Full Content: The Seattle Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI