2012 Lobster Glut

Today’s Maine Sunday Telegram includes a front page report on what lobstermen are doing (or not) in response to the high supply and low price of Maine lobsters.

They can’t talk about the historically high supply of their product. They can’t talk about the historically low prices they are getting for their catch. They can’t talk about whether they have agreed to keep their boats tied up until things improve — because talking about it might imply that it’s a concerted effort and a concerted effort would be a violation of federal anti-trust laws.

Leave a Reply