A PYMNTS Company

US: Shutdown may slow resolution of CVS/Aetna deal

By  |  January 9, 2019

Seafood provider Chicken of the Sea International (COSI) has come to an agreement with 29 grocery retailers and distributors resolving their antitrust claims. Under the terms of the agreement, COSI will pay a cash settlement and work with the companies to promote Chicken of the Sea products.

The agreement comes in the wake of COSI’s separate settlement with Bentonville, Arkansas-based Walmart this past May.

The mega-retailer filed suit in 2016 against the so-called “big three” tuna providers—COSI, Starkist, and Bumble Bee—alleging a conspiracy to fix prices of shelf-stable seafood sold in the United States. Other major US grocers that have sued the companies, however, including Wegmans Food Markets, The Kroger Co., Albertsons Cos., Hy-Vee, Publix Super Markets, and Meijer, have not as yet reached settlements.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.