Bread wholesaler fined $50M for price-fixing

[Jampy00]

How Shocking....
*Sarcasm

 

[nobbie48]

So our bread company is owned by Mexicans. Nothing against Latinos but do Canadians own anything anymore.

$50 Million goes to the federal government. Do they put it towards the deficit or go shopping?

 

[Jampy00]

Nothing will change. "Fine" is a short way of saying "The cost of doing business"

 

[mimico_polak]

Simple cost of doing business. And we got fooked.

 

[just-me]

Simple cost of doing business. And we still get fooked.

FTFY

 

[Relax]

Is this a glitch in the Matrix? Didn't Loblaws settle a similar class-action lawsuit a few years ago for this?

 

[sburns]

Nothing will change. "Fine" is a short way of saying "The cost of doing business"

Yup, they will just find other ways to increase prices to cover this expense and rig it.
$10 a loaf anyone??

 

[Jampy00]

Is this a glitch in the Matrix? Didn't Loblaws settle a similar class-action lawsuit a few years ago for this?

They spoke on this in the video.

 

[GreyGhost]

Until government starts imposing fines that are at least an order of magnitude larger than the indiscretion, it is far more profitable for businesses to keep cheating. Government doesn't catch every scam and for those that they do, penalty is far lower than profit from the scam.

 

[crankcall]

Well , if they really piss them off and they pull out of the market we are left with the Weston brands , who got caught last time .
You still can’t make a loaf at home for the price of grocery store bread so…


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[nobbie48]

Well , if they really piss them off and they pull out of the market we are left with the Weston brands , who got caught last time .
You still can’t make a loaf at home for the price of grocery store bread so…


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I make focaccia. You can if your time is only worth a buck an hour.