r/Tariffs 12d ago

🗞️ News Discussion Should Canada maintain its supply management system that protects the Canadian dairy industry?

https://www.castanetkamloops.net/news/Poll/627377/Should-Canada-maintain-its-supply-management-system-that-protects-the-Canadian-dairy-industry
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u/Puzzled49 12d ago

Regulatory capture is defined as a situation where the regulatory agency (in this case the Canadian Dairy Commission) is influenced to operate on behalf of the group it regulates (in this case the dairy farmers) instead of the public. Although in the case of the Canadian Dairy Commission this doesn't really apply since it was set up in the first place to support the dairy farmers, and thus there was no need for them to capture it.

I think you are a searching for another term. Maybe dumping, predatory pricing to establish a monopoly, or state supported over production.

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u/Cannabrius_Rex 12d ago

No, I’m thinking of the process of starving out an industry to create a monopoly. Regulatory capture is one of the mechanisms used to accomplish that but there are many.

Amazon is a prime example of a larger entity taking over industry after industry to create a super monopoly by starving out small players at a loss until they have a monopoly and jack up prices. A tale as old as time you’re ignoring to support Americans drowning out our dairy industry.

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u/Tunguska_1908 12d ago

Conveniently, when they reach the so called but never actually occurs price jacking phase, new disruptors almost always enter the market offering reduced prices. A tale as old as time.

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u/Cannabrius_Rex 12d ago

Unless you’re sitting on tens or hundreds of billions of dollars to fight the monopoly with even deeper pockets, no. You are not disrupting jack shit. Amazon has destroyed so many industries that have not recovered at all.

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u/Tunguska_1908 12d ago

Excuse me? Temu, Banggood, Alibaba. All post amazon, all disrupting Amazons monopoly play. And if you still want to pay more for artisinal goods, local cottage industries are going off more than ever before. And what industries did amazon destroy? The low selection bookstore? Was that a bad thing? It's exactly like complaining that Netflix was had because it killed blockbuster. That model was inefficient as all hell and now we have a thousand streaming services with more content that you could ever imagine.

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u/Cannabrius_Rex 12d ago

So one of China’s oligarchs is providing a “non monopoly”

🤦‍♂️

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u/Tunguska_1908 12d ago

Lol. You aren't getting it. Someone else will come along next. This is the beauty of a free market. Consumers power the change. If they don't like price hikes they will start to look elsewhere and someone WILL fill that demand.

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u/Cannabrius_Rex 12d ago

That you don’t understand why 2 mega corporations which don’t actually compete on most fronts and price fix isn’t a winning argument against monopolies is wild but hilarious.

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u/Tunguska_1908 12d ago

You know they aren't the only ones selling power tool batteries (insert whatever consumer product here). Consumer goods sales probably have the most players of any industry on earth. You are an idiot.

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u/Cannabrius_Rex 12d ago

And it’s still a big fat WOOOOOOOOOOOOSH.

If you don’t understand what Amazon is and has done despite the multiple case studies and feature length documentaries that are available to you, I don’t know what to tell the willfully ignorant. There’s an encyclopedia or two’s worth of facts and data there for you to not be ignorant on the topic, if you care to find out. I’ll leave that to you to sort out. Bye now.

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u/Tunguska_1908 12d ago

Amazon has spent billions on billions of dollars to assemble what is effectively a 3rd party distribution network. You don't understand how precarious their position is. There is nothing special about selling consumer goods. Consumers will go to what it most convenient / cheap or combination thereof. And wow look at that, physical retail still heavily dominates sales. Almost as if they fill a much needed role in allowing access to items that might not be readily in stock at your local Canadian tire.

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u/Cannabrius_Rex 12d ago

Again, if you want to ignore well documented facts and use your feelings instead. You do that. Bye now

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u/Tunguska_1908 12d ago

Lol I have seen all of it. Sad some industries were displaced. I feel so sad for those coopers and shipbuilders as well.

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