$8M settlement proposed in beef price-fixing class action

https://www.cbc.ca/news/business/beef-price-fixing-class-action-proposed-settlement-9.7264745

53 points · 15 comments · view on lemmy.world

15 Comments

assaultpotato@sh.itjust.works · 33 pts · 50d (6 replies)

Oh boy $0.50 per person for a decade of price fixing! That seems reasonable.

Triumph@fedia.io · 12 pts · 50d

Cost of doing business.

BreadOven@lemmy.world · 3 pts · 50d

Agreed, but I got like $50 for the bread one. Obviously doesn't compensate for the actual overpaying, but I guess better than nothing? But also what will we find out next that had a similar thing? Fuck corrupt mega-companies. Where's the guillotine?

Sunshine@lemmy.ca · 3 pts · 50d

Yeah, the payout is probably gonna be pretty small.

Maeve@kbin.earth · 2 pts · 49d (1 reply)

Yeah. I was talking to a relative who got a FB settlement for a whopping $2.47. They still use it, too. 🙄

BCsven@lemmy.ca · 2 pts · 49d

They are hoping for their next $2.50

manniesalado@piefed.social · 1 pts · 49d

Kids, we'll be eating well tonight!

Mongostein@lemmy.ca · 8 pts · 50d

Where do I sign up?

melsaskca@lemmy.ca · 4 pts · 49d (1 reply)

Doing illegal shit and paying fines for it is just the cost of doing "business" for these behemoths.

BCsven@lemmy.ca · 3 pts · 49d

It should be civil forfeiture like when a drug boss gets busted and they take everything that was possibly funded by the drug money.

The CEO and Legal Dept would definetly make sure nothing shady was going on after that rule.

ACbHrhMJ@lemmy.world · 3 pts · 50d (1 reply)

This needs to be settled in beef

Triumph@fedia.io · 1 pts · 50d

Kingdom of Loathing has entered the chat.

asg101@lemmy.ca · 2 pts · 49d (2 replies)

Whats that, like 2 days worth of their profits? Absolute corporate/judicial corruption.

ValueSubtracted@startrek.website · -1 pts · 49d (1 reply)

Well, it's a settlement - the judiciary has nothing to do with it.