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Loblaw, George Weston to pay $500M to settle bread price-fixing suit

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Loblaw Cos. Ltd. and its parent company, George Weston Ltd., say they have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a bread price-fixing scheme. Loblaw chair Galen Weston, who is also chair and chief executive of George Weston, apologized on behalf of the companies. ‘This behaviour should never have happened,’ said Weston.

Read more: cbc.ca/1.7274820

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