Canadian bread price fixing: Difference between revisions
m Under the exception that it was going on since 2015, falling under "large-scale consumer abuse" Tag: Undo |
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{{IncidentCargo | {{IncidentCargo | ||
|Company=Canada Bread, Weston Foods, Walmart Canada, Giant Tiger, Sobeys, Metro | |Company=Canada Bread, Weston Foods, Walmart Canada, Giant Tiger, Sobeys, Metro | ||
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|ArticleType=Product | |ArticleType=Product | ||
|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 |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= | }} | ||
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== | ||
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==Lawsuit== | ==Lawsuit== | ||
{{Ph-I-L}} | {{Ph-I-L}} | ||
==Consumer response== | ==Consumer response== | ||
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==See also== | ==See also== | ||
{{Ph-C-SA}} | |||
==References== | ==References== | ||
{{ | {{Reflist}} | ||
[[Category:Canadian incidents]] | [[Category:Canadian incidents]] | ||