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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 08:17 AM
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Huge Potato Price-Fixing Lawsuit Heats Up
Huge Potato Price-Fixing Lawsuit Heats Up

Potato growers belonging to the nation’s largest cooperative are facing a massive lawsuit challenging the organization’s antitrust exemption, which has been in effect since the 1920s. A class action case brought by potato purchasers alleges the United Potato Growers of America (UPGA) has used bribery, threats and coercion against independent growers to convince them to join the cartel.

There is so much money involved in this case that a case management session convened by presiding U.S. District Judge Lynn Winmill in December attracted 27 lawyers in person and another 15 on the phone. The complaint names 20 defendants, including well-known names such as General Mills and Dole. It also lists Bayer CropScience as a co-conspirator.

Once the case goes to trial, plaintiffs plan to argue that the UPGA, producer of 80% of the nation’s potatoes, should not be allowed to operate in this manner, which includes price fixing, because of the immunity it allegedly enjoys under the Capper-Volstead Act of 1922. Capper-Volstead exempted agricultural cooperatives from antitrust legislation—under certain circumstances.

Also named as a defendant in the civil case is the United Potato Growers of Idaho.


http://www.allgov.com/Controversies/ViewNews/Huge_Potato_Price_Fixing_Lawsuit_Heats_Up_110222
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Sabriel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 08:22 AM
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1. Eye am glad they've peeled open this rotten story
Geez, it's hard to make a pun about a potato.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 08:49 AM
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2. How can these corporations claim they are a farmer's co-op?
General Mills, Dole and Bayer CropScience.

They are huge corporations claiming they are a farmer's co-op. Bayer isn't even a United States corporations, it's owned by German uber rich. Something smells rotten and it ain't the potatoes.

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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 08:52 AM
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3. "United Potato Growers of Idaho" Well, no shit! Who do you think runs this state?
Potato haid!
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 08:55 AM
Response to Reply #3
4. Oh, and K&R, too.
I knew this was coming, but I didn't know when.
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