Can It: The Tipline for 13 August 2019

13 August 2019

Packaged tuna producer StarKist says it cannot afford to pay more than half the $100 million criminal fine it agreed to pay as part of a price-fixing plea with the Department of Justice’s antitrust division. StarKist claims that a decrease in sales and the potential costs of private litigation could leave it unable to remain viable. The DOJ and a California federal judge seem to think this argument smells fishy.