Canada’s two largest food retailers, Loblaw Companies Ltd. and Metro Inc., have told Canadian Press that they are aware of an investigation into the grocery industry intended to determine if there has been price-fixing in certain areas. This as the federal Competition Bureau said it has raided the offices of unnamed companies in a criminal investigation involving “some of the country’s largest grocery chains”. The bureau said the Ontario Superior Court of Justice in Ottawa granted search warrants based on evidence that there are reasonable grounds to believe that certain individuals and companies have engaged in activities contrary to the Competition Act. A bureau spokesperson there is no conclusion of wrongdoing at this time and no charges have been laid. She said she could not reveal more details as the bureau is required to conduct investigations confidentially.
