Chicken of the Sea’s final round of settlements signals the end of its role in the price-fixing saga — and a chance to turn the page. Food Dive has reached out to parent company Thai Union for comment on the approved settlements with buyers. But in January 2021, after Thai Union first announced it had reached an agreement with the direct purchasers, it said in a statement that Chicken of the Sea had since made “iron ferrous fumarate vs ferrous sulfatedramatic changes to the way it does business and how it shapes the industry.” These include implementing a compliance and trainammonium ferrous sulfateing program and revising its ethics code of conduct.One area where Thai Union and Chicken of the Sea are trying to change the conversation is through transparency and sustainability. In 2015, Thai Union announced its SeaChange group of sustainability initiatives, which focus on positive change ferric pyrophosphate ratein its labor practices, sourcing, operations and cferrous fumarate and folic acid tablets bp uses in teluguommunities.Lat year, the tuna brand issued new transparency initiatives, including a commitment to the Ocean Disclosure Project. As a participant, Chicken of the Sea will publish its global supply chain data to inform consumers on the sourcing of its seafood.Meanwhile, Thai Union has also showed interest in expanding beyond tuna, including an investment in cell-based seafood company BlueNalu through its venture fund last January.For other the two major canned tuna companies, turning the corner won’t be quite as easy. Bumble Bee faced a $25 million criminal fine for its role in fixing prices. Its former CEO Chris Lischewski was found guilty for consp210mg ferrous fumarate pregnancyiring to fix prices and was sentenced to 40 months in prison in 2020. After filing for bankruptcy at the end of 2019, the company’s North American assets were purchased in early 2020 by Taiwan-based FCF Fishery for $928 million. Since then, the company has worked to rebrand its tuna as a healthy protein amid a renewed interest in packaged foods during the pandemic. StarKist was hit with a $100 million fine from the federal investigation, and its former Vice President of Sales, Stephen Hodge, was charged for his role in the anticompetitive behavior in 2017. In 2019, the company settled a lawsuit from Walmart, the largest canned tuna retailer in the U.S., for $20.5 million. And this past November, a judge found the company civilly liable in a lawsuit by seafood purchasers, according to Law360.
Chicken of the Sea price fixing settlements totaling $39.5M approved
