Loblaw and George Weston to Pay $500 Million to Settle Bread Price-Fixing Class Action

Jul 25, 2024, 10:52 AM

Loblaw Companies Limited and its parent company, George Weston Limited, have agreed to pay $500 million to settle class action lawsuits related to bread price-fixing. The settlement addresses complaints that the companies were involved in rigging the prices of bread products. This agreement aims to resolve multiple legal actions and bring closure to the long-standing issue.