STELLARTON, Nova Scotia — Sobeys officials last week acknowledged that price competition in Ontario has become “irrational,” but said it was obligated to continue playing along. “The marketplace went a little irrational, and we wanted to make sure that we protected the price-competitive position that was so difficult to achieve over the last two to three years,” Bill McEwan, president and chief executive officer, said in a conference call discussing the retailer's third-quarter earnings. ...

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