The Bristol Bay Native Corporation (BBNC) will have to wait a bit longer for US Department of Justice (DOJ) approval of its proposed acquisition of Clipper Seafoods and Blue North Fisheries, two of the largest harvesters and marketers of hook-and-line Pacific cod in the United States.
Combined, the two companies would control 37 percent of the hook-and-line/catcher-processor cod quota in the Bering Sea. Because of this, the BBNC reached out in July to the DOJ for a review of the deal to ensure it didn't violate any antitrust rules.
