Loblaws admits to bread price fixing (with immunity) & Offers $25 Gift Card

[padyofurniture]

Loblaw Cos. Ltd. and its parent George Weston Ltd. and other major grocery retailers colluded over more than 14 years to increase prices of some packaged bread, Loblaw and Weston admitted on Tuesday.

https://www.theglobeandmail.com/repo...ticle37387816/

Update: Registration is live. Visit https://loblawcard.ca/ to sign up for your $25 Gift Card. It will take approx. 6 weeks.

[Laurabelle81]

Loblaw will be offering $25 gift card for eligible customers as a result of bread price fixing for the last several years. Sign up here to be notified when program registration starts
https://loblawcard.ca/



not sure how they consider you eligible...

[flemeth]

Thanks

[Lavender Lady]

Just read about that. Everything hidden eventually come out in the open. Shame on them.

[Shwa Girl]

Thanks OP

Just read about that. Everything hidden eventually come out in the open. Shame on them.

they are doing this because class action law suits have already started
they are hoping that their offer would persuade people not to join the class action suit
if they lock you into their offer, then they may ask that you do not become part of a class action suit

today's press release: http://media.loblaw.ca/English/media...y/default.aspx

[Shwa Girl]

http://media.loblaw.ca/English/media...y/default.aspx

from their website

wonder if this is a better deal than joining the class action law suits mentioned on their website

[Colsgirl]

Thanks OP

they are doing this because class action law suits have already started
they are hoping that their offer would persuade people not to join the class action suit
if they lock you into their offer, then they may ask that you do not become part of a class action suit

today's press release: http://media.loblaw.ca/English/media...y/default.aspx

Loblaw were the ones who blew the whistle on it and they have fired the people who were in on the price fixing. According to all the press releases and the newspapers, "As a result of their admission that they participated in the arrangement and their cooperation with the Competition Bureau's investigation, the Company will not face criminal charges or penalties."

[Colsgirl]

It will be worth keeping an eye to see if other companies involved follow their lead?

[tjthemanto]

It will be worth keeping an eye to see if other companies involved follow their lead?

Cell Phone Companies like ROGERS , BELL & TELUS should be next. They have been price fixing for a long long time, till the NEW kid on the block - WIND Mobile aka FREEDOM Mobile came along.

Freedom Mobile ( now owned by SHAW ) just came out with their $ 50 - 10 GB , Unlimited Talk & Text plan - and all of a sudden the Big 3 are finally offering some decent talk/text/data plan , like $ 60 for 10 GB data.

The Gas companies like Esso, Petro Canada, Sunoco, Shell should be next !

[tjthemanto]

Is it one per household ? Or 1 per adult living in the household ?

How will they prevent abuse of this program ? What if someone enters 1 home address & 1 work place address ?

How much private & confidential information will they ask for, before mailing the Gift card ?

I have NO intention of giving them my real name or my full name or my phone number. So hopefully I can just give them my initials & my address & they mail the $ 25 card to me

Not trying to be paranoid, you never know who companies like this sell your private info too .

[EvilTofu]

I think the class action will likely give you the same amount, but it will be actual cash you can spend however you like.

This is so cunning. The snitch f*** everyone over and offer the gift cards to spend at their own stores. It's probably cheaper than penalty. Galen Weston has that harmless dad-next-door face, but he might be very dangerous.

[Tweets77]

Cell Phone Companies like ROGERS , BELL & TELUS should be next. They have been price fixing for a long long time, till the NEW kid on the block - WIND Mobile aka FREEDOM Mobile came along.

Freedom Mobile ( now owned by SHAW ) just came out with their $ 50 - 10 GB , Unlimited Talk & Text plan - and all of a sudden the Big 3 are finally offering some decent talk/text/data plan , like $ 60 for 10 GB data.

The Gas companies like Esso, Petro Canada, Sunoco, Shell should be next !

In locations where there has been no choice in providers ....they really have us over a barrel!

[tjthemanto]

In locations where there has been no choice in providers ....they really have us over a barrel!

Yup.

That's why they always have good plans in Quebec due to Videotron .

Now hopefully due to Freedom Mobile, other provinces might have good plans going forward from Bell, Rogers & Telus.

[Cuckoobird]

Is it one per household ? Or 1 per adult living in the household ?

How will they prevent abuse of this program ? What if someone enters 1 home address & 1 work place address ?

How much private & confidential information will they ask for, before mailing the Gift card ?

I have NO intention of giving them my real name or my full name or my phone number. So hopefully I can just give them my initials & my address & they mail the $ 25 card to me

Not trying to be paranoid, you never know who companies like this sell your private info too .

The gift cards can be electronic. No need to mail out actual gift cards.

[Tommycoupons]

Ahh yes gouge me out of $1000's on bread for like 15 years and offer me $25 while you walk away scott free.....