Canada’s competitors watchdog is predicted to launch a research Tuesday inspecting whether or not consolidation within the grocery sector is contributing to rising meals prices.
The Competition Bureau introduced the research final fall as grocery costs rose on the quickest tempo in 40 years.
It stated the research would look at three broad questions: how grocery sector competitors impacts costs, what Canada can study from different international locations which have taken steps to extend competitors and the way governments can decrease obstacles to entry and growth within the sector.
Many Canadians purchase groceries from retail chains operated by one among three corporations: Loblaws, Sobeys, and Metro.
Other vital retailers embody Costco and Walmart, in addition to impartial grocers.
The Competition Bureau says when customers have extra selections between grocery shops, they’re prone to pay decrease costs, acquire higher comfort and be served by larger ranges of innovation.
