i_love_FFT ,
@i_love_FFT@lemmy.ml avatar

Why is the solution to Canadian oligopoly always "let foreign corporations in", instead of fostering growth of small local businesses and coops?

This also applies to telecom...

avidamoeba ,
@avidamoeba@lemmy.ca avatar

When the only tool you have is a hammer...

ILikeBoobies , (edited )

Because the oligopoly just buy up all competition

Why they’re allowed to do that…well the Reform Party has over a 99% chance of majority in polling atm

K0W4LSK1 ,
@K0W4LSK1@lemmy.dbzer0.com avatar

Yeah and we did that to ourselves allowing them to steamroll us like that

ininewcrow ,
@ininewcrow@lemmy.ca avatar

... and I wouldn't mind if our Canadian government wants to keep the damned oligopoly if they could just tax the hell out of it and stop giving them government hand outs

Son_of_dad ,

Cause the Canadian government cares more about foreigners than they do about Canadians

xmunk ,

Of course they can - they could undercut Loblaws by a large margin and still make a fucking killing.

I'm hoping for Alcampo.

SapientLasagna ,

Or they could suck up a bunch of subsidies to get started, then sell their subsidiary to Loblaws. Foreign company gets cash, and Loblaws gets even more market dominance. Everyone wins!

avidamoeba ,
@avidamoeba@lemmy.ca avatar

Wait that sounds familiar. 🤭

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