Canadian bread price fixing
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From 2001 to 2015[1] or 2017[2], Canadian retailers, including Walmart Canada, Metro, Giant Tiger and Sobeys, colluded to fix prices of bread[1]. In a class action lawsuit that followed, the collusion was described as a cartel[3]
Price fixing
For 14 or 16 years, the price of bread and other products such as bagels and naan was artificially inflated in a collusion of the biggest retailers in Canada.[2]
Investigation
An investigation by the Competition Bureau was launched after an informant from Loblaw Ltd tipped them off[2]
Lawsuit
Consumer response
See also
References
- ↑ 1.0 1.1 The Canadian Press (2024-07-25). "Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement". CBC.
- ↑ 2.0 2.1 2.2 Sagan, Aleksandra (2018-01-31). "Bakers, grocers involved in 16-year price-fixing conspiracy: Competition Bureau".
- ↑ GOVAN, JAMES (2020-03-25). "Originating Application – Bread Cartel – March 25, 2020" (PDF).