A PYMNTS Company

Canada: At least seven companies investigated in bread price-fixing probe

 |  December 20, 2017

The Competition Bureau’s investigation into allegations of bread price-fixing includes at least seven companies from bakery wholesalers and discount chains to Canada’s three major grocers, according to court documents.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    George Weston and Loblaw Companies admitted Tuesday, December 19, to participating in an industry-wide bread price-fixing arrangement for over a decade and tipping off the country’s competition watchdog.

    The Competition Bureau executed search warrants at the offices of a number of grocers earlier this fall, but has said there has been no conclusion of wrongdoing and no charges have been laid.

    The investigation began on August 11 and was expanded on October 23.

    The search warrants and information to obtain them were sealed because of concerns by the watchdog that the release of the information might compromise its investigation. However, the affidavits sworn by a Competition Bureau investigator to have them sealed were unsealed by the court this week.

    Full Content: The Globe and Mail

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.