US buyers sue potato processors, Potatoes USA over alleged price …

Nov 18, 2024 · US buyers sue potato processors, Potatoes USA over alleged price-fixing scheme. on November 18, 2024. Four of the largest potato processors in the United States were …

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Potato Price-Fixing Lawsuit: Processors Accused Of Antitrust …

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Nov 25, 2024 · This case against the potato processors is not the only recent example of alleged price-fixing in the food industry. In July 2024, StarKist Co. reached a $1 billion settlement with …

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Major US Potato Processors Face Price-Fixing Allegations In New …

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Nov 18, 2024 · The lawsuits highlight that the price of frozen potato products rose by 47% between July 2022 and July 2024, despite a significant drop in input costs during the same …

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Hot Potato: Redner’s Lawsuit Accuses Companies Of Creating Frozen ...

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Nov 20, 2024 · Frozen potato product prices climbed 47% from July 2022 to July 2024,” the lawsuit claimed. None of the companies named in the lawsuit could be immediately reached …

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FAQs about US buyers sue potato processors, Potatoes USA over alleged price … Coupon?

Are Canadian companies involved in frozen-potato price-fixing lawsuits?

Two Canadian companies have been named in separate frozen-potato price-fixing lawsuits south of the border. McCain Foods Ltd. and Cavendish Farms are among those accused of being part of a “potato cartel,” conspiring with other large processors by sharing pricing data in an effort to raise the price of frozen potatoes in the U.S. ...

Why are there so many potato price fixing lawsuits?

The lawsuits in the U.S. describe a perfect storm of factors that gave way to years of alleged price fixing, including a potato market that has grown more concentrated than it was two decades ago when more than a dozen companies kept prices more competitive. ...

Did potato processors conspire to overcharge grocery stores?

Four of the largest potato processors in the United States were accused in a pair of new lawsuits of conspiring to overcharge grocery stores, other commercial buyers and consumers for years. ...

What's going on with potatoes USA & processors?

A separate lawsuit, filed on Sunday, includes the same group of companies along with the industry organization Potatoes USA. This class action, per Reuters, targets the processors and Potatoes USA over similar claims of illegal price-fixing and market manipulation in the frozen potato sector. ...

Did four companies conspire to fix frozen potato prices?

Two proposed class-action lawsuits in the U.S. allege that four companies conspired to fix prices on frozen potato products over the past three years. ...

Who is suing a frozen potato company?

That suit also names marketing group Potatoes USA and analytics firm Circana as part of its proposed class action. The suits are seeking damages on behalf of all consumers and businesses who purchased frozen potato products from the defendants in the U.S. from 2021 through to the present day, as well as an end to the alleged conduct. ...