Salmon Lawsuit

The Press Herald reports that the owners of the Hunt and Alpine Club have brought a lawsuit alleging price fixing in the market for Atlantic Salmon.

The lawsuit by Portland Hunt + Alpine Club alleges that salmon prices have risen over the last four years when they should have been falling. According to the filing in federal court in Maine, the costs associated with raising Atlantic salmon have been mostly stable since 2015, production has increased and the market has shrunk because Russia banned salmon imports in retaliation for the U.S. and some European countries imposing economic sanctions following Russia’s 2014 annexation of the Crimea.

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