MANDEL: Billion-dollar class action wins go-ahead against alleged nationwide bread price-fixing
Millions of Canadian sandwich makers could soon be sharing in a huge pile of dough.
An Ontario judge has given the green light to a class-action lawsuit against the major players in the $40-billion packaged bread market — including Loblaw, Sobeys and Metro — for an alleged 20-year price-fixing scheme. The cartel of manufacturers and grocery chains are accused of colluding to inflate the price of “soft top” sandwich loaves like Wonder Bread and pocketing about $5 billion in ill-gotten gains.
Why is no one in jail for this?
