this post was submitted on 18 Apr 2024
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Even though this article is about the U.S. there is a clear parallel with the Canadian food industry.

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[–] [email protected] 32 points 6 months ago (1 children)

do we not already have one?

[–] [email protected] 24 points 6 months ago (3 children)

Yes. That's why I posted this. It's so blatantly evident in Canada. And it doesn't stop at the food industry. We could add telecom in there as well. And what else?

[–] [email protected] 7 points 6 months ago

Commons did a whole season on Monopolies in Canada. Unfortunately, there's quite a few.

[–] [email protected] 2 points 6 months ago
[–] [email protected] 1 points 6 months ago

Our oil and gas is controlled by a cartel (OPEC)! I think there was an example for our milk or bread in particular as well.

[–] [email protected] 6 points 6 months ago (1 children)

If there's food on your table, thank a farmer. Companies like Lowblows, can go and monopolize bad haircuts and sweater vests.

[–] [email protected] 1 points 6 months ago

Or, you know, buy direct from farmers. Join a CSA or organize one.

[–] [email protected] 6 points 6 months ago (1 children)

Isn't May, dont shop at Loblaws Month?

[–] [email protected] 8 points 6 months ago (1 children)

Hahahahahaha like some people have a choice.

[–] [email protected] 2 points 6 months ago

I am sure some don't but there are people I know that shop at loblows and complain about ever increasing pricing, while a block over there is an independently owned grocer with much lower prices. i.e. Loblaws Peppers in 4 pack $10.99 , next door throw 4 peppers in a bag, comes to $3.90 by weight.

[–] [email protected] 5 points 6 months ago

Economists have a metric known as the β€œfour-firm concentration ratio,” sometimes deployed in shorthand as β€œCR4.” It is a measure of competitiveness in a market for goods or services. When four companies gain a combined market share that is greater than 40 percent, an oligopoly has formed.

TIL https://en.wikipedia.org/wiki/Concentration_ratio

[–] [email protected] 1 points 6 months ago

Y'all got CSAs up there?