this post was submitted on 22 Jun 2023
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Canada
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Why the fuck does the government keep allowing competition to be snapped up by the big 3????
Rhetorical question i guess.... But wtf. Do your job... Where are the antitrust regulations in this country? I am not a lawyer
Canada loves it's monopolies. I can't believe that Shaw deal went through -- the government literally will not allow us to have more than 3 telecommunications companies. It's ridiculous.
For context, remember that the Competition Bureau tried to block the Rogers-Shaw merger and was overridden by the courts. So continuing consolidation is a problem that won't be fixed easily.
Canada was literally, actually, no shit created by corporations for the purpose of facilitating the extraction of value from human and natural resources by corporations. It genuinely exists to exploit us.
Hudson's Bay Company remembers
IIRC they owned most of not all of the land from Hudson's Bay down to, if not including central Ontario, Toronto & Ottawa etc