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The bread price-fixing scandal in Canada refers to a group of competing bread producers, retailers and supermarket chains reached a secret agreement among themselves to artificially inflate the price of bread at the wholesale and retail levels from late 2001 to 2015 [1] (some sources stated that the price fixing continued into 2017 [2]).
In June 2023, Canada Bread pleaded guilty to four counts of price fixing with its grocery competitors to increase the price of bread products over a 16-year period and was fined $50 million. According to the Competition Bureau , the fine was the highest ever price-fixing fine in Canadian history.
Bread price-fixing in Canada; Denmark. Forest products. 2007 Christmas tree price fixing scandal; EU convictions. Beer. On 18 April 2007 The European Commission ...
In January 2018, Weston and its subsidiary Loblaws were implicated in price-fixing the cost of bread in Canada, taking part from 2001 until 2015. [54] The two companies agreed to pay $500 million to settle the lawsuit in July 2024, with the class action lawsuit against several other retailers continuing. [55]
There’s an active recall on various brands of bread and buns in Canada, according to the Canadian Food Inspection Agency. This is due to pieces of metal being found in the affected product.
In 2018, Sobeys was implicated in a 14-16 year long national price-fixing cartel with other Canadian supermarkets and the bread supplier Canada Bread. [45] Sobeys, along with other retailers, allegedly conspired to fix the price of bread and arrange when increases would be made. Canada Bread pled guilty to four counts of price fixing in July ...
Popular items like orange juice, eggs, chicken breasts, fresh ground beef, bacon and bread have all seen price increases in the past year.... 8 Best New Grocery Items at Dollar Tree To Help Combat ...
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