VANCOUVER - George Weston Ltd. and Loblaw Companies Ltd. revealed Tuesday that both the bakery owner and grocer participated in an industry-wide bread price-fixing arrangement for over a decade, but will receive immunity after tipping off Canada's competition watchdog. "This is a difficult matter and clearly something that never should have happened," said Galen G. Weston, CEO of both companies, in a conference call with analysts. The companies ...
12-20-2017, 08:30 AM
George Weston says it's behind competition watchdog bread probe
VANCOUVER - George Weston Ltd. and Loblaw Companies Ltd. revealed Tuesday that both the bakery owner and grocer participated in an industry-wide bread price-fixing arrangement for over a decade, but will receive immunity after tipping off Canada's competition watchdog. "This is a difficult matter and clearly something that never should have happened," said Galen G. Weston, CEO of both companies, in a conference call with analysts. The companies ...
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