• i_love_FFT@lemmy.ml
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    2 months ago

    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…

    • ILikeBoobies@lemmy.ca
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      2 months ago

      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

      • IninewCrow@lemmy.ca
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        2 months ago

        … 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

  • xmunk@sh.itjust.works
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    2 months ago

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

    I’m hoping for Alcampo.

    • SapientLasagna@lemmy.ca
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      2 months ago

      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!