this post was submitted on 21 Jun 2023
53 points (100.0% liked)

Canada

7202 readers
331 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca/


founded 3 years ago
MODERATORS
 

Canada Bread has agreed to pay at least $50 million for its role in fixing the price of bread for years, according to documents filed in an Ontario court.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year ago (1 children)

What I'd like to know is:

How much additional profit and/or revenue did Canada Bread take in due to the behavior that resulted in this fine?

I've read a few articles looking for this information but haven't found this info. Does anyone have any insight?

[–] [email protected] 1 points 1 year ago

Exactly. If they made more than $50 million in profit from the price fixing, the fine is just another cost of doing business, with no incentive to stop the practice.