this post was submitted on 09 Jan 2025
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I understand we aren't accustomed to holding corporations responsible for theft but let me pretend:
How about you take the info from the investigation, and apply it across the board. If a single inspector can find and prove that the meat they bought was overpriced by 8%, take Loblaws net profits from meat and fine them say half of that, 4%. They shouldn't even complain as they never meant to overcharge, so this is just returning the money they stole.
It's insane because they seem to be admitting in the article that large quantities ("small" numbers of their stores mind you....) have been sold so they have stolen money in their coffers. Did they return that money? To whom? How?
Hell with that. Take the 8% and double it, to serve as an example to the rest of the industry not to fuck around with things like this. If it doesn't hurt enough, it will keep happening (anyone remember bread price fixing?)