OTTAWA, ONTARIO -- (Marketwire) -- 03/22/13 -- Following a thorough investigation by the Competition Bureau and a lengthy trial before the Quebec Superior Court, three individuals have been found guilty today for their role in a gasoline price-fixing conspiracy in Sherbrooke and Magog, Quebec.
Michel Lagrandeur, Linda Proulx and Yves Gosselin were found guilty for conspiring to fix the price of retail gasoline at the pump, and are scheduled to be sentenced at a later date. The trial for these individuals took place between January 8 and February 27, 2013.
"Today's guilty verdict sends a clear message that price-fixing activities will not be tolerated in Canada," said John Pecman, Interim Commissioner of Competition. "Canadians are ultimately on the losing end of secret agreements that cheat them out of their money."
Charges were laid on July 15, 2010, as part of the Bureau's investigation into price-fixing of retail gasoline in certain local markets in the province of Quebec, which was first made public in 2008.
Thirty-nine individuals and 15 companies have now been charged with criminal price-fixing in this case. To date, 33 individuals and seven companies have pleaded or were found guilty with fines totalling over $3 million. Of the 33 individuals who have pleaded or were found guilty, six have been sentenced to terms of imprisonment totalling 54 months.
Additional information on past convictions and fines related to this cartel can be found on the Bureau's website.
The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.
For media enquiries, please contact:
For general enquiries, please contact:
819-997-4282 or Toll free: 1-800-348-5358
TTY (hearing impaired): 1-800-642-3844
Most Popular Stories
- Michael Jackson, Freddie Mercury on Previously Unreleased Queen Cut
- 10 Things to Know About Alibaba
- Concur Sold to SAP for $8.3B
- Five Steps to Protect Yourself from Data Breaches
- Chrysler Recalls Nearly 189,000 SUVs
- Federal Probe Finds Christie Did Not Order 'Bridgegate'
- Intruder Gets into White House
- HCL America Adding 1,200 IT Jobs
- Longtime Unemployed to Get Help in Las Vegas
- Medical Mfg. Jobs Coming to Dayton