A handful of Oregon commercial fishermen are suing Pacific Seafood for abusing its market power. The fishermen are seeking a temporary restraining order to block its pending acquisition of Ocean Gold.
The fishermen sued Pacific Seafood Thursday claiming the company violated terms of the 2012 settlement of an earlier class-action anti-trust lawsuit, reported Oregon Live.
Pacific Seafood had agreed in the settlement to not renew a marketing arrangement it had in place with Ocean Gold.
The fishermen filed the new suit after they learned Pacific Seafood was on the verge of closing a deal to buy a controlling stake in the company, perhaps as early as Friday, Jan.
