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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[–] [email protected] 42 points 1 year ago (2 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

[–] [email protected] 20 points 1 year ago (1 children)

You don't get to have teeth when you're sucking at the teets.

[–] [email protected] 8 points 1 year ago* (last edited 1 year ago) (1 children)

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

[–] [email protected] 7 points 1 year ago

Except it's not even as diverse as cookies, candy and cola. It's just real estate all the way down.

[–] [email protected] 15 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.

[–] [email protected] 9 points 1 year ago (1 children)

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

[–] [email protected] 7 points 1 year ago (1 children)

Regulatory capture is a common theme regardless of industry here