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Canada Bread has agreed to pay at least $50 million for its role in fixing the price of bread for years, according to documents filed in an Ontario court.

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[-] TheDudeV2@lemmy.ca 4 points 1 year ago

What I'd like to know is:

How much additional profit and/or revenue did Canada Bread take in due to the behavior that resulted in this fine?

I've read a few articles looking for this information but haven't found this info. Does anyone have any insight?

[-] gramie@lemmy.ca 1 points 1 year ago

Exactly. If they made more than $50 million in profit from the price fixing, the fine is just another cost of doing business, with no incentive to stop the practice.

this post was submitted on 21 Jun 2023
55 points (100.0% liked)

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