4 ms·

Also every industry in Canada

• mig39 3y ago
  The solution in Canada is to break up some of these huge companies. The free market can solve things, but only if there's a free market. When you have 1 or 2 companies, there's no competition.
  • WarOnPrivacy 3y ago
    > The solution in Canada is to break up some of these huge companies. The free market can solve things, but only if there's a free market. I'm not familiar with Canada but this sounds like oversight there is similar to how the US DoJ operates - which is to say it has a long history of rubberstamping (massive, competition-killing) mergers
  • version_five 3y ago
    It's more allowing foreign competition. If you let US (or whoever) telecom into Canada, Rogers Bell and Telus would have to get their act together or die overnight. Same with banking, air travel, etc. Canadas oligarchs have complete regulatory capture so they don't have to worry about being competitive, that's the problem.