Federal competition watchdog sets its sights on the grocery sector

المملكة العربية السعودية أخبار أخبار

Federal competition watchdog sets its sights on the grocery sector
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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OTTAWA — The Competition Bureau, an agency of the federal government, is launching a study of grocery store competition in Canada.

In an announcement Monday, it said this is not an investigation into specific allegations of wrongdoing, although if it finds evidence of illegal activity it will take appropriate action. The bureau also cautioned that it has no power to compel grocers to provide information for the purpose of market studies.

The study, though, will examine various issues with the goal of recommending measures to government on how it might improve competition among companies.The bureau noted various known factors including extreme weather, higher input costs, Russia's invasion of Ukraine, and supply chain disruptions. It said it will spend the next eight months examining whether "competition factors" are also at work.Interested parties are invited to provide submissions to the bureau by Dec. 16 on these questions and any other matters relevant to competition in the sector.Many Canadians buy groceries from retail chains operated by one of three companies: Loblaws, Sobeys and Metro.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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