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.
The Weston’s own most of the pharmacy, the grocery, food supply chain, and are moving into healthcare at breakneck pace. No shit it’s too concentrated. We need actual antitrust laws.
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.
Don't forget that these telecom companies are also media companies, owning channels like CityTV, Global, CTV, Corus. They also control the news grandma and grandpa see on the 6pm news.
No crap! Duhhh. Finally competition bureau is doing some of their home work. And new entrant encouragement isn't the only action that's available. And that's not the only sector that's been consolidated either. Someone needs to kick the behind of these bureaucrats.
Don’t see how this will work? Walmart entered Canada many years ago and does groceries yet pricing all settled out. If Walmart isn’t driving competition and pricing down what will?
I've seen a couple of (very limited) examples of restaurants using their contracts with suppliers to open small local grocery stores near their restaurants, that undercut the big grocery chains. If anything was possible, I'd prefer more local neighbourhood stores for packaged foods and community garden co-ops combined with farmer's markets for fresh foods.
There aren't that many Wallmarts relative to grocery stores and they also aren't usually in the same areas that people do grocery shopping, so I don't think they are a significant competition.
So many small store are close becuase don't want to take the covid fund because language barrer, store rent are go to sky because the building owner think the store can earn 70% like 17 years ago. The item get from the distubutor is already x3 the price sold on big store and the customer complain is too expensive, look at those big store, they are only $ and you sell $$.
oh! And sometime the item is distrubute by those big store, because sometime they will telephone the store, do you want to sell fruit... so nothing can do at the small store part.