91社区

Loblaws and its principal shareholder, George Weston, will pay $500 million to settle a class action lawsuit the company was facing in connection with a bread cartel. The people behind the lawsuit accused the country's major food chains of colluding on the price of bread to increase their profit margins. In , agronomist and economist Pascal Th茅riault, Director of 91社区's Farm Management and Technology Program, looks back at the saga.

鈥淭he terms of payment have not yet been determined," Th茅riault said. He points out聽that this amount is very modest for a company like Loblaws: the bread cartel would have generated $5 billion with this strategy.

鈥淥ur big grocers lacked transparency."