Lawyer says ‘everybody should apply’ for share of bread price-fixing settlement
Canadians have until Friday to claim a portion of a $500 million settlement resulting from a class-action lawsuit alleging bread price-fixing.Summary
A lawyer involved in a national bread price-fixing lawsuit is encouraging all eligible Canadians to apply for a share of the $500 million settlement before the Friday deadline. The lawsuit alleged that Loblaw Companies Limited and George Weston Limited engaged in a decades-long scheme to fix bread prices between January 2001 and December 2021, and the settlement was approved by courts in both Ontario and Quebec. Applicants do not need to provide proof of purchase; the firm is accepting claims based on self-reporting. While the exact amount each claimant will receive is currently unknown, estimates range from $50 to $75 per person, factoring in any previous $25 gift cards received from Loblaw. Other major Canadian grocers were also accused of price-fixing, and the legal team intends to pursue compensation from them as well, hoping Loblaw’s cooperation will lead to further accountability.
(Source：Cp24)