June 24: Prof. Sylvain Charlebois, On Bread Price Fixing and $50 million Fine to Canada Bread

Bread price fixing and $50 million fine to Canada Bread now owned by Mexico's Grupo Bimbo. It took the Competition Bureau 8 years to conclude its investigation with an admission by Grupo Bimbo. Previously (2017) Loblaws and Weston Bakeries admitted their role in the bread price-fixing affair with Loblaws offering Canadians a $25 gift certificate. Now the price of bakery products is up 24% writes our guest. How are consumers reacting? Fuels the 'supermaket chains gouging stressed consumers' position? What does the $50 million fine represent?
Guest: Sylvain Charlebois. Professor of food distribution and policy and the director of the Agri-Food Lab at Dalhousie University. Co-host of The Food Professor podcast. G&M op ed: In price-fixing case, $50 million fine on Grupo Bimbo's Canda Breat was a hollow victory.
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Bread price fixing and $50 million fine to Canada Bread now owned by Mexico's Grupo Bimbo. It took the Competition Bureau 8 years to conclude its investigation with an admission by Grupo Bimbo. Previously (2017) Loblaws and Weston Bakeries admitted their role in the bread price-fixing affair with Loblaws offering Canadians a $25 gift certificate. Now the price of bakery products is up 24% writes our guest. How are consumers reacting? Fuels the 'supermaket chains gouging stressed consumers' position? What does the $50 million fine represent?

Guest: Sylvain Charlebois. Professor of food distribution and policy and the director of the Agri-Food Lab at Dalhousie University. Co-host of The Food Professor podcast. G&M op ed: In price-fixing case, $50 million fine on Grupo Bimbo's Canda Breat was a hollow victory.

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