Legal

Grieg takes $15 million hit from settlement of alleged salmon price fixing lawsuit

Grieg was among several salmon farming companies that settled the suit, though it admitted to no wrongdoing.

Grieg Seafood CEO Andreas Kvame. The company reported record earnings in the second quarter, despite a $15 million write-down for costs related to settling a price-fixing case against salmon farmers.
Grieg Seafood CEO Andreas Kvame. The company reported record earnings in the second quarter, despite a $15 million write-down for costs related to settling a price-fixing case against salmon farmers.Photo: Anders Furuset
Published 23 August 2022, 17:04Updated 23 August 2022, 18:26
Grieg SeafoodMowiCermaqUnited StatesNorway