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George Weston and Loblaw Settle Bread Price-Fixing Case
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George Weston and Loblaw Settle Bread Price-Fixing Case

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George Weston (TSE:WN) has released an update.

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George Weston Limited and Loblaw Companies Limited have settled class action lawsuits related to a historical bread price-fixing scandal, agreeing to pay a total of $500 million, including cash payments and credits from a previous refund program. The companies have apologized for their involvement, reported the issue upon discovery, and implemented stringent compliance measures to prevent recurrence.

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