Quote:
Originally Posted by Build.It
Leaving the other half to be run by oligopolies/state. That's my point.
To name a few:
Bell-Rogers
Loblaws-Sobeys-Metro
Star-Post
Air Canada-Westjet
They all receive protection from the government against foreign competition and domestic SME competition.
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The federal government limits telecom and airlines to generally be majority owned and controlled by Canadians. Nearly every western country does the same.
As for Loblaws, Sobeys, Metro. Well there is nothing stopping a foreign player from entering the Canadian market. Walmart purchased Wolco/Woolworth in the 90s and did just that. Target tried and failed about 10 years ago. Beyond the big three Costco, Walmart, Amazon (under the WholeFoods brand) are all major foreign players. Domestically there are lots of regionals like Co-op, Save-On-Foods etc.
The print media companies are also not regulated. A foreign company could setup shop in Canada. The reason it is not happening is it is crappy business. People are not buying papers they way they use to in years past.