this post was submitted on 27 Jun 2023
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Canada's grocery industry concentrated in too few hands, Competition Bureau says (www.cbc.ca)
submitted 1 year ago by FunderPants@lemmy.ca to c/canada@lemmy.ca
8 comments fedilink hide all child comments
 

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.

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[–] juusukun@lemmy.ca 0 points 1 year ago (1 children)

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

[–] Thalestr@beehaw.org 0 points 1 year ago (1 children)

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.

[–] cyborganism@lemmy.ca -1 points 1 year ago (1 children)

The people in charge... They're all bought and paid for. That's why.

[–] likelytrash@lemmy.ca 0 points 1 year ago (1 children)

Regulatory capture is a common theme regardless of industry here