The shelf-stable tuna industry has been decidedly unstable
behind the shelves. In 2014, two of the "big three"
industry leaders – Bumble Bee Foods and Chicken of
the Sea – announced a proposed merger that would have swamped
the then-industry leader StarKist.
The shelf-stable tuna industry has been decidedly unstable
behind the shelves. In 2014, two of the "big three"
industry leaders—Bumble Bee Foods and Chicken of the
Sea—announced a proposed merger that would have swamped the
then-industry leader StarKist. Routine HSR (Hart-ScottRodino
Antitrust Improvements Act), antitrust scrutiny and the eventual
rejection of the $1.5 billion merger by the Department of Justice
turned out to be the least of the companies' problems.