Current company owner Grupo Bimbo had agreed to pay record $50-million fine to settle Competition Bureau probe
that Canada Bread ’s new owners agreed to pay last year to settle its part in a Competition Bureau investigation into the matter.
In a court filing on Thursday, Canada Bread argued that it is entitled to damages from Maple Leaf related to that investigation, including the fine; further damages for “breach of contract,” “fraudulent misrepresentation” and “unjust enrichment”; as well as any damages that may arise from an ongoing class-action lawsuit related to the alleged scheme.
“Maple Leaf, through its personnel acting as senior officers or members of the Board of Directors controlling and directing Canada Bread, knew or ought to have known of any anticompetitive conduct by Canada Bread,” the company stated in the court document.“We reject these claims in their entirety,” Maple Leaf senior vice president and general counsel Suzanne Hathaway wrote in a statement on Thursday.
Loblaw and George Weston were the first to report the alleged “industry-wide” conspiracy – lasting from 2001 to 2015 – to the federal Competition Bureau, in exchange for immunity from criminal charges. The companies publicly acknowledged their participation in price fixing in 2017. The Bureau’s investigation is continuing.
Bread Damages Court Canada Scheme Maple Leaf Company Bureau Ontario Canada
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