Anti-Trust Bureau Mea Culpa

The Competition Bureau yesterday in a mea culpa acknowledged its approval of corporate mergers in the grocery trade did not benefit consumers. Lack of competition let grocers hike profit margins by “modest yet meaningful” amounts, up to a billion a year, said the federal anti-trust agency: “There is some truth to that.”

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top