Norwegian Fisheries Pay $85 Million to End Salmon Antitrust Case

Leading Norwegian fisheries are free of antitrust litigation over their alleged scheme to fix the price of farm-raised Atlantic salmon, after a federal judge in Miami approved their $85 million settlement with salmon processors and other direct purchasers.

Judge Cecilia M. Altonaga signed off Thursday on the agreement, which resolves class action claims the fisheries faced in the US District Court for the Southern District of Florida. She also handed $25.5 million in legal fees and $2.6 million in expense reimbursement to counsel for the salmon buyers.

The companies involved in the settlement include affiliates of Mowi ASA, Grieg ASA, ...