Mergers and acquisitions have created food oligopolies that are inefficient, barely regulated, unfair, and even dangerous.

Even though this article is about the U.S. there is a clear parallel with the Canadian food industry.

    • Cyborganism@lemmy.caOP
      24·
      8 months ago

      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?

      • BCsven@lemmy.ca
        2·
        8 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.

  • Apollonius_Cone@lemmy.world
    6·
    8 months ago

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

    • delirious_owl
      1·
      8 months ago

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

  • delirious_owl
    5·
    8 months ago

    Economists have a metric known as the “four-firm concentration ratio,” sometimes deployed in shorthand as “CR4.” 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