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Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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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