Who Owns the Fish?

Any commercial fisherman used to be able to fish in U.S. seas. Not anymore. Today, the right to fish belongs to a number of private individuals who have traded, bought and sold these rights in unregulated markets. This system, called “catch shares,” favors large fishing fleets and has cut out thousands of smaller-scale fishermen. How did this happen? Learn more in this short animation from the Center for Investigative Reporting.