this post was submitted on 27 Jun 2023
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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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[–] rbos@lemmy.ca 0 points 2 years ago (1 children)

Much cheaper to break up the monopolies and change the system to prevent them forming in the first place. Subsidizing new entrants without changing the environment that creates monopolies will just feed the beasts with fresh meat.

[–] cyborganism@lemmy.ca -1 points 2 years ago

Exactly. The big corps will just buy the new players and everything will go back to the way it was.

This government has no vision.

[–] juusukun@lemmy.ca 0 points 2 years 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 2 years 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 2 years ago (1 children)

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

[–] likelytrash@lemmy.ca 0 points 2 years ago (1 children)

Regulatory capture is a common theme regardless of industry here

[–] cyborganism@lemmy.ca -1 points 2 years ago