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UPDATE – OTC Markets Group Welcomes Grupo Bimbo S.A.B. de C.V. to OTCQX
GlobeNewswire - Mon Oct 16, 2023
GlobeNewswire
Mon Oct 16, 2023
OTC Markets Group Welcomes Grupo Bimbo S.A.B. de C.V. to OTCQX
GlobeNewswire - Mon Oct 16, 2023
GlobeNewswire
Mon Oct 16, 2023
Canada Bread Co. will pay a fine of $50 million after pleading guilty to its role in a criminal price-fixing arrangement that raised the wholesale price of fresh commercial bread. A worker restocks shelves in the bakery and bread aisle at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. THE CANADIAN PRESS/Kelly Clark
Competition Comissioner says $50-million Canada Bread fine sends ‘strong message’ against price fixing
The Globe and Mail - Thu Jun 22, 2023
The Globe and Mail
Thu Jun 22, 2023
Massive fine is also a warning intended to discourage other companies from engaging in future price fixing
A loaf of sliced bread is shown in Toronto on February 3, 2018. Karim Renno says his recently authorized class action lawsuit against major food retailers accused of fixing the price of bread across Canada is special, because a major player has already admitted to participating in it. Price-fixing is notoriously difficult to prove in court, the lawyer said in an interview Friday, but in this case, Loblaws Inc. and Canada's Competition Bureau have done a lot of the work. THE CANADIAN PRESS/Graeme Roy
In price-fixing case, $50-million fine on Grupo Bimbo’s Canada Bread was a hollow victory
The Globe and Mail - Thu Jun 22, 2023
The Globe and Mail
Thu Jun 22, 2023
Brazil’s Grupo Bimbo has pleaded guilty for its role in fixing the price of bread years ago and would be paying a $50-million fine
Stocks-Money-Rates - Dollar Bill on Grey Background
Leading Food&Bev Companies Close in Ukraine
Barchart - Mon Mar 7, 2022
Barchart
Mon Mar 7, 2022
All of the headlines in Food&Bev this week

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