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Canada: In price-fixing suit, Loblaws launches goodwill card

By  |  January 8, 2018

Loblaw Companies says people who receive a Ca$25 (US$20.12) gift card intended as a goodwill gesture in light of the company’s participation in a bread price-fixing scheme will have that sum deducted from any future court settlement.

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    The company announced the measure and several other restrictions as it opened registration for the cards.

    It says recipients of the cards are not prohibited from participating in a class-action lawsuit, but their portion of any possible damages awarded in the future will be Ca$25 (US$20.12) less.

    Several class-action lawsuits have been started against the company since it revealed last month it and parent company George Weston Ltd. participated in what they called an industry-wide arrangement over 14 years to coordinate the prices of some bread products.

    Full Content: Yahoo! Finance

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