Bread-price fixing class action won’t include Maple Leaf, judge rules

2 hours ago 1

By Staff The Canadian Press

Posted October 28, 2024 1:00 pm

1 min read

 'Canada Bread denies terms  fixing scheme, points digit  astatine  Maple Leaf Foods'

0:46 Canada Bread denies terms fixing scheme, points digit astatine Maple Leaf Foods

The breadstuff supplier that admitted to price-fixing earlier this twelvemonth says successful caller tribunal filings that immoderate anti-competitive behaviour it participated successful was astatine the absorption and to the payment of its then-majority proprietor Maple Leaf Foods – Dec 8, 2023

An Ontario Superior Court justice has dismissed an effort to adhd Maple Leaf Foods to a class-action suit related to the bread-price fixing scandal.

When the class-action suit was primitively certified successful an Ontario tribunal successful 2021 against respective market retailers and different nutrient companies, Maple Leaf was not included.

Plantiffs, supported by Canada Bread Co., argued past period that Maple Leaf should beryllium added arsenic a suspect successful the suit due to the fact that of its past ownership of the company.

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Canada Bread was fined by the bureau successful 2023 aft admitting to 4 counts of price-fixing, but has argued arsenic portion of the class-action suit that Maple Leaf, which was its bulk proprietor astatine the time, should enarthrosis the blasted instead.

Maple Leaf sold Canada Bread to Mexico’s Grupo Bimbo for $1.8-billion successful February.

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The class-action suit is 1 of 2 launched successful the aftermath of an ongoing Competition Bureau probe into an alleged industry-wide conspiracy to hole the terms of bread.

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