Forum/General Discussion/Voluntary tuna closure?

Voluntary tuna closure?

1,639 views·8 replies·by Jenna Lombardo

Jenna LombardoFREE2019#1

Saw this post on Facebook by a Tuna page.
Not sure how true it is? Has anybody else heard about this?!

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DeckhandOriginal Crew13 postsSince 2018

Roccus7MOD2019#2

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AdmiralOriginal Crew21,694 postsSince 2018

JillybirdFREE2019#3

Saw this post on Facebook by a Tuna page.
Not sure how true it is? Has anybody else heard about this?!

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DeckhandOriginal Crew42 postsSince 2019

JillybirdFREE2019#4

It is certainly true that tuna prices are in the tank because of oversupply but this sounds highly unlikely and is illegal under the federal antitrust laws.

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DeckhandOriginal Crew42 postsSince 2019

MakoMikeFREE2019#5

Nothing illegal about it. It is true, nobody up north is buying BFT, prices are low because the quality of the fish is low.

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First MateOriginal Crew710 postsSince 2018

JillybirdFREE2019#6

Buyers cannot get together and agree not to buy BFT for whatever reason. They can each independently make that decision. Agreements to boycott can land you in the slammer under the antitrust laws. Now there’s nothing wrong with buyers independently deciding not to buy because the quality is bad.

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DeckhandOriginal Crew42 postsSince 2019

Old MudFREE2019#7

Buyers cannot get together and agree not to buy BFT for whatever reason. They can each independently make that decision. Agreements to boycott can land you in the slammer under the antitrust laws. Now there’s nothing wrong with buyers independently deciding not to buy because the quality is bad.

The reason is that would be "Price fixing" , that is illegal.

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CommodoreOriginal Crew5,182 postsSince 2018

JillybirdFREE2019#8

Old Mud wins the prize! Jillybird - Old Antitrust Lawyer.

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DeckhandOriginal Crew42 postsSince 2019

MakoMikeFREE2019#9

Moot point, fishery is closed until Sept, 1st now.

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First MateOriginal Crew710 postsSince 2018