• LaLuzDelSol@lemmy.world
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    7 months ago

    The breaking point, though, is the point when consumers will look to alternatives, e.g. a different store. As long as there are other options available, competition does usually do a decent job of keeping prices down.

    • voracitude@lemmy.world
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      7 months ago

      And companies in a free market would never, ever collude to keep prices high in the face of that very competition you think will keep prices down, right? In fact that’s exactly what we’re seeing right now, is prices being kept down by the absolutely healthy competition in the Canadian grocery market, right?