65
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Feb 2024
65 points (98.5% liked)
CanadaPolitics
1856 readers
1 users here now
Placeholder for any r/CanadaPolitics refugees
Rules:
All of Lemmy.ca's rules apply
- No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
- Be respectful. Everyone should feel welcome here.
- No porn.
- No Ads / Spamming.
founded 1 year ago
MODERATORS
How TF does a cartel that regulates production and dictates prices keep those companies from gouging?
They literally control the entire industry, there's no customer protections at all.
Unfortunately that statement demonstrates a functional misunderstanding of how supply management operates.
Farmers / quota pools are mandated by these government regulations to have supply marginally exceed expected consumer demand specifically to address common issues with any commodity sector such as price gouging (to protect consumers), and predatory pricing (to protect producers).
https://bcegg.com/our-story/supply-management/
https://www.theglobeandmail.com/business/adv/article-matching-demand-and-made-in-canada-eggs-with-supply-management/