Federal Judge Approves $33 Million Settlement in Salmon Price Fixing Case

The U.S. District Court for the Southern District of Florida approved a $33 million price-fixing settlement between a proposed class of indirect salmon purchasers and Norwegian salmon-farming companies, ending an ongoing dispute between the parties over alleged coordinated price hikes by the commercial salmon farms. The settlement covers roughly 400,000 businesses that bought salmon for resale from April 10, 2013, to the date of approval on Monday.