Canada’s Competition Bureau Investigates Bread Price Fixing Allegations

Canada’s Competition Bureau Investigates Bread Price Fixing Allegations
Investors in major Canadian grocers appear unfazed after the Competition Bureau raided the offices of certain companies in a criminal probe tied to alleged price fixing of some packaged bread products. The Canadian Press/Doug Ives
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TORONTO—An investigation by the Competition Bureau into allegations of price fixing of packaged bread products comes as demand for the pantry staple faces pressure from health-conscious consumers and heightened competition from discount retailers.

John Williams, a partner at retail consulting company J.C. Williams Group, called the probe “shocking” given that Canada’s major retailers are governed by very-well defined codes of ethics.