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Loblaw, George Weston to settle class action over bread price-fixing for $500M

  • George Weston Limited and Loblaw Companies Limited reached a $500 million settlement for their roles in packaged bread price fixing, as announced by several law firms on behalf of the plaintiffs.
  • Plaintiffs allege that George Weston and Loblaw were involved in a 14-year price fixing conspiracy, resulting in increased bread prices.
  • This settlement is the largest antitrust settlement in Canadian history, with certain distribution plans pending court approval.
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