E15: What were they actually doing? - Price Spreads Report Pt 5
Monopolies Killed My Hometown11/03/22 • 23 min
We're getting near the end of the discussion on the department and chain stores. This episode will be a look into the specific actions of the chain and department stores that worried the Commission. These behaviors were lumped into mass buying and price concessions, and competitive practices in retail trade. Price concessions are between mass buyers and suppliers, retail trade is between mass buyers and other retailers.
This is a perfect time for this episode - the Canadian Competition Bureau just announced a market study of the Canadian grocery industry. Basically, the Competition Bureau is going to look into 'competitive practices in retail trade'. again.
Note: It was 2013 when Future Shop closed.
The behaviors the Commission looked into are:
- Mass Buying and Price Concessions
- Trade Discounts
- Cash Discounts
- Quantity Discounts
- Free Deals and Premiums
- Advertising Allowances
- Demonstrators
- Competitive Practices in Retail Trade
- Loss Leaders
- Deceptive Packaging
- Short Weighing
- Misleading Advertising
Links from today's episode:
11/03/22 • 23 min
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