this post was submitted on 02 Feb 2024
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Oh, totally it's anti-competitive, and I don't disagree with you, but we were talking anti-inflationary / price stability measures. It's not a good solution (we regularly pay more for milk and eggs), but it does keep the price from jumping around, and for-profit companies from price gouging.
How TF does a cartel that regulates production and dictates prices keep those companies from gouging?
They literally control the entire industry, there's no customer protections at all.
Unfortunately that statement demonstrates a functional misunderstanding of how supply management operates.
Farmers / quota pools are mandated by these government regulations to have supply marginally exceed expected consumer demand specifically to address common issues with any commodity sector such as price gouging (to protect consumers), and predatory pricing (to protect producers).
https://bcegg.com/our-story/supply-management/
https://www.theglobeandmail.com/business/adv/article-matching-demand-and-made-in-canada-eggs-with-supply-management/