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For those not in the know, Loblaws has a similar reputation in Canada as OCP had in Robocop. They are a virtual monopoly and have deeply embedded themselves int
by stuxnet79 3y ago
For those not in the know, Loblaws has a similar reputation in Canada as OCP had in Robocop. They are a virtual monopoly and have deeply embedded themselves into the fabric of Canadian life through a combination of ruthless regulatory capture and hostile takeovers.
Public sentiment of the company fell dramatically during COVID. Galen Weston, Canada's "Gordon Gekko" was incredibly out-of-touch with this and had to resign last year since his presence in the executive ranks and marketing materials was starting to affect the company's bottom line.
- deleted 3y ago[deleted]
- wahnfrieden 3y agoThe Westons are also guilty of price-fixing bread. They agreed to a price-fixing schedule with competition over 14 years with multiple scheduled increases that went through before they were caught. Beyond the general public, Loblaws has also been found guilty of stealing from their workers. Criminal scum.