VANCOUVER - The recently revealed 14-year industry-wide arrangement to co-ordinate bread prices in Canada doesn't seem to shock experts, who say price fixing is a common and tempting practice in the country. Any possible reward, they add, appears to outweigh the risks of penalties and losing consumers' trust. Grocery giant Loblaw Companies Ltd. (TSX:L) and George Weston Ltd. (TSX:WN) revealed earlier this week they participated in a co-ordinated ...
12-22-2017, 02:02 AM
Price-fixing cases 'common,' experts say
VANCOUVER - The recently revealed 14-year industry-wide arrangement to co-ordinate bread prices in Canada doesn't seem to shock experts, who say price fixing is a common and tempting practice in the country. Any possible reward, they add, appears to outweigh the risks of penalties and losing consumers' trust. Grocery giant Loblaw Companies Ltd. (TSX:L) and George Weston Ltd. (TSX:WN) revealed earlier this week they participated in a co-ordinated ...
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