There’s a lot of dough on the line.
Claims are now being accepted for a $500-million class action settlement stemming from an alleged bread price fixing scheme involving Loblaw Companies Limited and parent company George Weston Limited.
The class action lawsuit was filed after a Competition Bureau 2017 investigation alleged a number of Canadian grocery chains conspired to artificially inflate the price of bread as far back as November 2001, with Loblaw and Weston admitting to having done so for at least 14 years.
As a result, the two companies agreed to a settlement that would see them pay out $500 million to Canadian consumers who had bought bread for personal use between 2001 and 2021.
A number of other companies are also accused in the scheme, however, settlements have not been re