Strosberg Sasso Sutts LLP announced November 8 that a class action had commenced against national grocery chains and bakeries and their parent corporations. The Plaintiff alleges that Loblaw Companies, Sobeys, Metro, Walmart Canada, Giant Tiger, Canada Bread, Weston Foods Canada and their parent corporations conspired to fix the price of packaged bread since 2001.
The Class Action has been filed in the Ontario Superior Court of Justice on behalf of all Canadians, excluding residents of Quebec, who purchased packaged bread since 2001.
On November 1, 2017, the Competition Bureau executed raids at the head offices of some of the defendants in a criminal investigation tied to the alleged price fixing of packaged bread.
The lawsuit seeks $1 billion in damages and an additional $100 million in punitive damages.