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Metro accuses Loblaw of falsely implicating it in bread price-fixing scheme

The Canadian Press - Wed Dec 20, 2023

In new court filings, Metro Inc. MRU-T is accusing Loblaw Cos. Ltd. L-T and its parent company of conspiring to implicate Metro in an alleged bread price-fixing scheme.

Metro has submitted a statement of defence and crossclaim in Ontario Superior Court, responding to a class-action lawsuit that implicates it and several other grocers in the alleged conspiracy.

The grocer denies being involved in bread price-fixing, which is also the subject of a federal Competition Bureau investigation.

Loblaw said the allegations by Metro are ridiculous and untrue.

Bakery supplier Canada Bread Co. recently filed its own statement of defence in the class-action suit, in which it denied participating in a wide-ranging conspiracy to fix the price of bread.

In June, Canada Bread admitted to four counts of price-fixing under the Competition Act and was fined $50 million.

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