Canada Bread has agreed to pay at least $50 million for its role in fixing the price of bread for years, according to documents filed in an Ontario court.

  •  TheDudeV2   ( @TheDudeV2@lemmy.ca ) 
    4•1 year ago

    What I’d like to know is:

    How much additional profit and/or revenue did Canada Bread take in due to the behavior that resulted in this fine?

    I’ve read a few articles looking for this information but haven’t found this info. Does anyone have any insight?

    •  gramie   ( @gramie@lemmy.ca ) 
      1•1 year ago

      Exactly. If they made more than $50 million in profit from the price fixing, the fine is just another cost of doing business, with no incentive to stop the practice.