CHARLEBOIS: Want to learn grocery competition? Look at the U.S.
U.S.-based companies have grown remarkably cautious and strategic when pursuing mergers and acquisitions.
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U.S.-based companies have grown remarkably cautious and strategic when pursuing mergers and acquisitions.
Grupo Bimbo-owned Canada Bread has been put on a list of banned suppliers of federal contracts after being found guilty of price-fixing.
Receives 10-year government contract ban in Canada.
One of Canada’s biggest commercial bakeries pleaded guilty for its role in a bread price-fixing scheme, was fined CA$50m - the highest on record - and has been placed on the government’s list of banned suppliers. But the reputational harm could be the toughest blow.
Ottawa banned Canada Bread Co Ltd. from bidding on government contracts for 10 years due to its price-fixing scheme. Find out more.