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.
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.
Basically what happened in the mobile space. I’m 2008 CRTC had an AWS spectrum auction for new entrants in the wireless industry, namely Mobilicity, Public Mobile, and WIND Mobile. Public was bought out by Telus. Mobilicity was bought by Rogers and merged with Chatr. WIND hung out longer and became Freedom under Shaw, but of course Shawgers happened, so we’re back to square one.
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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.
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.
Break up the Weston vertical monopoly and watch how fast the rest starts evening out.
Basically what happened in the mobile space. I’m 2008 CRTC had an AWS spectrum auction for new entrants in the wireless industry, namely Mobilicity, Public Mobile, and WIND Mobile. Public was bought out by Telus. Mobilicity was bought by Rogers and merged with Chatr. WIND hung out longer and became Freedom under Shaw, but of course Shawgers happened, so we’re back to square one.
Freedom is under Quebecor now. Not great not terrible. Quebecor is much smaller outside of QC so they keep competing for now.