TORONTO, ON – A class action lawsuit that was launched against The Beer Store three years ago was dismissed this morning by the Ontario Superior Court of Justice.
The $1.4 billion lawsuit filed by Siskinds law firm in January 2015 alleged that “as a result of an agreement to allocate the market for the supply of beer in Ontario between the Liquor Control Board of Ontario and the Beer Store, consumers and licencees who purchased beer in Ontario (as of June 1, 2000) were overcharged for their purchases.”
“We have always believed this case was completely without merit and now the court has agreed,” said the Beer Store Board Chair Charlie Angelakos in a statement. “The case was filled with factual errors and fundamentally misunderstood the way alcohol products are sold in Ontario.”
The Beer Store is a beer retail and distribution chain that is majority owned by Molson Coors and Labatt/AB-InBev, with minority ownership held by Sleeman/Sapporo and several small Ontario breweries.