A study conducted by Global Fishing Watch, in collaboration with Australian and Japanese authorities, has revealed that 86% of squid catches are unregulated, with most of these catches taking place in areas not governed by any country's regulations. This situation is causing concern among experts due to the significant depletion of squid stocks. The study highlights the challenge of unregulated fishing, with fishermen exploiting loopholes in legislation to increase profits, ultimately leading to the overexploitation of squid stocks. The researchers recommend the implementation of a global agreement to monitor fishing activities and regulate the catch of endangered biological resources like squid.