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George Weston Limited and Loblaw Companies Limited Announce Settlement of Class Action Lawsuits Concerning their Involvement in Historical Industry-Wide Bread Price-Fixing Arrangement

Newswire.ca - Thu Jul 25, 5:20AM CDT

The Companies apologize to Canadians for their role in a decade-old, industry-wide bread price-fixing arrangement and agree to a total settlement of $500 million that will involve a cash payment of $404 million in addition to $96 million having already been paid through the previously administered Loblaw Card program.

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