Credit: Prostock /Adobe Stock Canada's Biggest Grocer Agrees to $500 Million Settlement in Bread Price-Fixing Scheme
The settlement still requires a formalized agreement between the parties and court approval scheduled for later in the year, which will also finalize court-approved expenses and lawyers' fees.
July 26, 2024 at 11:33 AM
2 minute read
Canada's largest grocery chain has agreed to pay CA$500 million (US$360 million) to settle a class action over its involvement in a bread price-fixing scheme, an antitrust settlement lawyers describe as the largest in Canadian history.
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