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US FTC cautions Red Lobster, other restaurants on their seafood marketing efforts

October 2, 2024 — U.S. Federal Trade Commission Commissioner Alvaro Bedoya recently sent a letter to the top-grossing seafood restaurants in the country, cautioning them not to give their customers the false impression that they are eating wild-caught U.S. seafood when they are, in fact, serving imported, farm-raised seafood.

“Many Americans are willing to pay a premium for wild-caught, American seafood. Those customers deserve to know when they are being offered the genuine article – and when they are being offered something else,” Bedoya said in the letter sent to Red Lobster, Long John Silver’s, and Legal Sea Foods, among other companies.

Read the full article at SeafoodSource

Kroger sues to challenge FTC; key union pulls support for Albertsons merger

August 20, 2024 — U.S. retailer Kroger filed a motion for preliminary injunction against the U.S. Federal Trade Commission’s (FTC) challenge of its merger with Albertsons, one week after confirming it would lower grocery prices by USD 1 billion (EUR 900 million) if the merger is approved.

Simultaneously, UFCW Local 555, a union representing grocery employees, pulled its support for the Kroger-Albertsons merger and voted to strike against Fred Meyer, a Kroger subsidiary.

Read the full article at SeafoodSource

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