Friday, March 07, 2008

Louisiana logic: CUTTING prices is "price fixing"??

" A group of crawfish farmers says it will ask the state Attorney General's Office to investigate allegations that big seafood wholesalers are working together to keep down prices at the dock. Crawfish farmers are complaining of wholesale prices dropping from more than $2 per pound to $1 per pound in the past month.

The Louisiana Crawfish Farmers Association voted at a meeting Tuesday to suspend fishing for two days a week in an effort to raise the price by limiting supply. Association Director Stephen Minvielle said Wednesday that he is gathering information on alleged illegal price fixing to submit to the state Attorney General's Office. He named no processors, but cites as evidence a series of price drops for crawfish that occurred across the state on the same day by the same amount."

More here:

Posted by John Ray.

No comments:

Home

eXTReMe Tracker