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Freeland touts need for grocery competition after Loblaw, Metro post higher profits
(www.winnipegfreepress.com)
this post was submitted on 16 Nov 2023
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They still make more money than if they didn't raise their profits. It doesn't incentivize then to lower their margins like competition would.
A business is not like an individual. A heavily taxed individual may choose to work fewer hours or retire early, but a business won't.
Then we need a bunch of crown corporations. One each for groceries, gas, and telecoms.