Canada’s grocery business is controlled by large players and needs government assistance to encourage new entrants to bring down prices, a report from Canada’s Competition Bureau says.
> sees lack of competition due to restrictive gov regulations
> proposes more gov regulations to “fix” the problem
No crap! Duhhh. Finally competition bureau is doing some of their home work. And new entrant encouragement isn’t the only action that’s available. And that’s not the only sector that’s been consolidated either. Someone needs to kick the behind of these bureaucrats.
Are there any trackers on what they or the CRTC have done? It’d be nice to hold them accountable for not just saying things but actually doing things.
I tried to see if Open Media has something, but looks like it’s just the campaigns: https://openmedia.org/campaigns
There was a campaign a year ago about telecom monopoly practices, but it’s now closed: https://openmedia.org/press/item/over-28000-petition-signers-call-for-end-to-canadas-telecom-monopoly
In other news, water is wet!
We used to have laws and regulations in place for stuff like this, same with the USA. As years passed they lost their teeth
You lose all your teeth if all you’re eating is cookies, candy and Coca Cola everyday. Our economy is basically a toothless overweight diabetic
Canada’s regulatory agencies feel so incredibly spineless. So many industries here are unchecked oligopolies with skyrocketing prices.
My American friends are jawdropped when I tell them how much food, internet, and cell plans cost here.
5 companies for food is not enough competition but somehow 3 telecom providers is 🤔
The Weston’s own most of the pharmacy, the grocery, food supply chain, and are moving into healthcare at breakneck pace. No shit it’s too concentrated. We need actual antitrust laws.
Sadly it doesn’t matter if we have antitrust laws or not when no one is willing to enforce them.
