An employee of one of Canada’s largest bakeries allegedly made a PowerPoint presentation at an industry gathering about low bread profits and had a plan to orchestrate price increases with retailers, according to information made public Thursday about the Competition Bureau’s investigation into an alleged bread price-fixing cartel.
The new information is contained in Information to Obtain documents in the case; ITO applications contain unproven allegations made before a judge to obtain search warrants. They are untested.
The ITOs were released earlier this year, but several paragraphs that had been under a publication ban were made public on Thursday and they point to an employee of Canada Bread as the originator of the alleged cartel.
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