A U.S. program to increase competition in meat-packing won’t work
United States President Joe Biden recently introduced a billion-dollar program to lower food inflation by increasing competition in meat-packing. It’s likely ill-fated. A few weeks ago, a damning report out of Washington suggested the top U.S. meat-packing plants have increased profit margins by 300 per cent since the beginning of the COVID-19 pandemic. The report,…
The Competition Bureau’s investigation into bread pricing is likely intended to tell Canadian grocers to stop squeezing food processors
Is a bread cartel alive and well in Canada? The Competition Bureau is investigating major grocery chains in search of evidence of retail bread price fixing. Loblaws, Sobeys, Metro, Walmart and other companies have acknowledged the probe. Why is bread is being targeted by the bureau? Demonstrating beyond a reasonable doubt that grocers are colluding…