29
submitted 1 month ago by Beaver@lemmy.ca to c/canada@lemmy.ca
you are viewing a single comment's thread
view the rest of the comments
[-] bionicjoey@lemmy.ca 0 points 1 month ago* (last edited 1 month ago)

"Increasing competition" without lowering prices is meaningless.

Tell me you know nothing about economics without telling me you know nothing about economics. The effect of increasing competition in a heavily monopolized industry is to lower prices.

Edit: I slightly misread the quoted text. I had assumed that "increasing competition" meant breaking up Canadian monopolies, not opening the floodgates to other markets. I'm really surprised that a party called "Canada future" is against protectionism. I still stand by my point here, but I see where you're coming from.

this post was submitted on 14 Aug 2024
29 points (100.0% liked)

Canada

7144 readers
279 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Regions


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social & Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS