Canada's grocery business controlled by small group of big companies, says Competition Bureau | CBC News

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Canada's grocery industry concentrated in too few hands, Competition Bureau says

competition watchdog launched last yearThe bureau spent months examining many aspects of Canada's grocery business, which is dominated by three domestic giants — Loblaws, Metro and Sobey's owner Empire — along with foreign players like Walmart and Costco.

"Canada needs solutions to help bring grocery prices in check," the bureau said. "More competition is a key part of the answer."They are:Grocery Innovation Strategy aimed at supporting the creation of new types of grocery businesses, specifically ones that only sell online.

 

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Competition Bureau to release report on grocery industry Tuesday morningThe bureau launched its study in October with the aim of exploring how governments can act to promote greater competition in the retail food sector.
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