Canadian bread price fixing: Difference between revisions
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|Type=Price Fixing | |Type=Price Fixing | ||
|Description=From 2001 to 2015, many companies colluded in what can be described as a cartel, fixing bread prices in Canada | |Description=From 2001 to 2015, many companies colluded in what can be described as a cartel, fixing bread prices in Canada | ||
}}From 2001 to 2015<ref name=":0">{{Cite web |last=The Canadian Press |date=2024-07-25 |title=Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement |url=https://www.cbc.ca/news/business/loblaw-bread-price-settlement-1.7274820 |website=CBC}}</ref> or 2017<ref name=":1">{{Cite web |last=Sagan |first=Aleksandra |date=2018-01-31 |title=Bakers, grocers involved in 16-year price-fixing conspiracy: Competition Bureau |url=https://www.ctvnews.ca/canada/article/bakers-grocers-involved-in-16-year-price-fixing-conspiracy-competition-bureau/}}</ref>, Canadian retailers, including Walmart Canada, Metro, Giant Tiger and Sobeys, colluded to fix prices of bread<ref name=":0" />. In a class action lawsuit that followed, the collusion was described as a cartel<ref>{{Cite web |last=GOVAN |first=JAMES |date=2020-03-25 |title=Originating Application – Bread Cartel – March 25, 2020 |url=https://lpclex.com/wp-content/uploads/2017/11/Originating-Application-BREAD-Notified-25MAR2020.pdf}}</ref> | }}From 2001 to 2015<ref name=":0">{{Cite web |last=The Canadian Press |date=2024-07-25 |title=Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement |url=https://www.cbc.ca/news/business/loblaw-bread-price-settlement-1.7274820 |website=CBC |archive-url=http://web.archive.org/web/20260208135642/https://www.cbc.ca/news/business/loblaw-bread-price-settlement-1.7274820 |archive-date=8 Feb 2026}}</ref> or 2017<ref name=":1">{{Cite web |last=Sagan |first=Aleksandra |date=2018-01-31 |title=Bakers, grocers involved in 16-year price-fixing conspiracy: Competition Bureau |url=https://www.ctvnews.ca/canada/article/bakers-grocers-involved-in-16-year-price-fixing-conspiracy-competition-bureau/ |archive-url=http://web.archive.org/web/20250522214903/https://www.ctvnews.ca/canada/article/bakers-grocers-involved-in-16-year-price-fixing-conspiracy-competition-bureau/ |archive-date=22 May 2025}}</ref>, Canadian retailers, including Walmart Canada, Metro, Giant Tiger and Sobeys, colluded to fix prices of bread<ref name=":0" />. In a class action lawsuit that followed, the collusion was described as a cartel<ref>{{Cite web |last=GOVAN |first=JAMES |date=2020-03-25 |title=Originating Application – Bread Cartel – March 25, 2020 |url=https://lpclex.com/wp-content/uploads/2017/11/Originating-Application-BREAD-Notified-25MAR2020.pdf |archive-url=http://web.archive.org/web/20250315064240/https://lpclex.com/wp-content/uploads/2017/11/Originating-Application-BREAD-Notified-25MAR2020.pdf |archive-date=15 Mar 2025}}</ref> | ||
==Price fixing== | ==Price fixing== | ||