Saturday, November 23, 2024

Bread lawsuits are flying

Bread price-fixing lawsuits are flying left, right and center.

The first move came from Grupo Bimbo, buyer of Maple Leaf Bread, accusing Maple Leaf Foods as responsible for the bread price-fixing conspiracy which led to a federal government Competition Bureau fine of $50 million on Grupo Bimbo last year.


Now Maple Leaf Foods has filed a defamation lawsuit against Grupo Bimbo and Canada Bread Co. Ltd., saying that its leaders were not aware of, nor involved in, the conspiracy at its subsidiary, Canada Bread.


And coming up the centre is a class-action lawsuit filed by the big supermarket chains against all of them. They claim that over the span of the conspiracy, they had to pay an extra $1.50 per loaf.


All of the allegations have yet to be tested in court.


The only guaranteed winners are the law firms.