Canada Bread is accusing Maple Leaf Foods of using it as a 'shield' to avoid liability in the alleged bread price-fixing scheme that's the subject of two class-action lawsuits and an ongoing Competition Bureau investigation.
A worker restocks shelves in the bakery and bread aisle at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. THE CANADIAN PRESS/Kelly ClarkCanada Bread is accusing Maple Leaf Foods of using it as a “shield” to avoid liability in the alleged bread price-fixing scheme that’s the subject of two class-action lawsuits and an ongoing Competition Bureau investigation.
Canada Bread admitted to arranging with Weston Foods, then a George Weston subsidiary, to increase prices on a variety of packaged bread products, resulting in two price increases. "We have acted ethically and lawfully at all times. We are not aware of and have never engaged in inappropriate or anticompetitive activity, and we will defend ourselves vigorously against any allegation to the contrary," Maple Leaf said at the time.
Sobeys and Giant Tiger have also said they were falsely implicated. Walmart Canada has also denied participating in the alleged conspiracy.The Competition Bureau began investigating alleged bread price-fixing in 2016 after Weston Foods and Loblaw, subsidiaries of George Weston at the time, admitted they participated in an “industry-wide price-fixing arrangement” and received immunity from prosecution in exchange for co-operation.
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Canada Bread says Maple Leaf used it as a 'shield' in bread price-fixing caseCanada Bread is accusing Maple Leaf Foods of using it as a “shield” to avoid liability in the alleged bread price-fixing scheme that’s the subject of two class-action lawsuits and an ongoing Competition Bureau investigation.
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