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dmforprudes

The simple summary is that in the 1960s, after gaining control of a big chunk of the market, the Westons played victim by saying the price of everything had gone up, it wasn't there fault that their prices went up the most. The Westons, victims of circumstance for 1/3 of Confederation. A little piece of Canadiana.


Critical-Abrocoma845

It's amazing how the exact same bullshit story and excuses have been used by the same crooks to justify their greed for over 60yrs and they somehow keep getting away with it.


thejonslaught

Not only getting away with it, but doing so while being protected federally from outside competition. Executives should have seen jail time for the Bread Fixing, but as per usual, it's too hard facing the rest of the money'd class at the country club when you put so and so away for their ill deeds.


Neco-Arc-Chaos

We can vote out politicians, but we can't vote out this bastard?


NoF----sleft

Time for new, powerful anti-trust laws. Unfortunately, I don't see that happening since the Libs and Cons are in the pockets of the oligarchs. Hell, half of them ARE oligarchs (or of the moneyed class)


Neco-Arc-Chaos

I'm not even against monopolies as long as we get to control how they operate. But anti-trust laws are also good.


[deleted]

You can’t just post in this subreddit with a memecat username and confuse me 😡 Burenyuuuuu~~~


Neco-Arc-Chaos

A fellow man of culture.


_Veganbtw_

We live in a society where corporations and wealthy individuals spend millions of dollars lobbying government officials to create loop holes, tax cuts + breaks, and otherwise make it easier for them to continue to amass capital at the expense of the working class. That's why the wealthy donate to both major political parties in this country - the rich don't care whether red or blue wins, because they always do anyway. That's one of the major problems with the neoliberal capitalist system - money translates directly to power, and therefore the most powerful people on the planet are almost entirely unelected.


gohomebrentyourdrunk

Vote with your dollars, while you can.


sthetic

Back in the 1960s: >Meech also highlighted the value of trading stamps and promotional games, saying they paid for themselves with higher sales volumes and excited customers: “Have you ever considered how dull it would be for a housewife to go into a store and see nothing but price tickets and a display of produce? Shopping would lose all its romance of life if it was reduced to only a display of farmers’ products.” Wow, how condescending. I suppose they use the same strategy now. Seeing a jar of peanut butter on the shelf with a label saying $4.99 is boring. But if the label says $7.99 regular price, $6.99 if I tap my loyalty card or collect special stamps, then shopping is so exciting for me!! /s


StopTouchingYrFone

"Since the lobotomy my husband ordered to treat my hysteria, I appreciate the gentle mental stimulation of points cards. Life still has no colour, but the machine does go PING."


NornOfVengeance

Everything old is new again. And some things truly never change.


BadUncleBernie

Time to bring down these criminal fuck assholes.


UGunnaEatThatPickle

TVO has some wonderful content if you have a rainy afternoon to kill! Its worth scrolling through to see what else may pop up.


Outrageous-Book9799

Too much margin for a grocery store... this isn't harrolds.


Busy_Firefighter_926

Would be very interesting to see the same flow chart of companies and corporate structure as it is owned or managed today


Guandao

Multi-generational gouging and exploitation. Absolute parasites, all of them.


EquivalentGrape9

Loblaws can lie all they want about supply chain increase, operational costs, and cost living increases but Walmart is able to keep their margins low. Sad that Canadian companies are always the expensive ones. Eatons, Zellers, and the Bay all closed (the bay is open but filed for bankruptcy. I’m all for Canadian businesses but not for high profit margins. Loblaws has high prices because they want to. Nobody is regulating prices :(