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Big fan of any data aggregation projects like this, especially with such a relatable theme. However it feel like the conclusion might be jumping the gun a bit.
by islewis 2y ago
Big fan of any data aggregation projects like this, especially with such a relatable theme.
However it feel like the conclusion might be jumping the gun a bit. Instead of "Think there is collusion" -> finding the data top support the claim, maybe run the numbers first and see what they say? I think coming up with a strong position (Canadian stores are colluding) before looking at the data makes it enticing to find numbers that back up the claim, whether or not they are taken out of context.
- mb7733 2y agoWe know they have been colluding, the question is on what other kinds of goods? https://en.wikipedia.org/wiki/Bread_price-fixing_in_Canada https://en.wikipedia.org/wiki/Bread_price-fixing_in_Canada
- islewis 2y agoThanks for the context. I'm still not certain that an instance of collusion on the price of bread in 2015 implies wider collusion in 2024. Ideally, the data would be proving this, but I guess my skepticism is the cost of making a claim before the research is done.
- jfil 2y agoI'm the creator, and I think you are spot-on. It is my wish that this data will help increase competition/reduce collusion, but until others analyze it we cannot make assumptions about what prices/grocers are doing.
- mb7733 2y agoYour point stands, but it wasn't an "instance of collusion on the price of bread in 2015", but widespread collusion on the price bread and other baked goods from 2001-2015 (some say 2017), which was discovered in 2015.