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Canada Competition Bureau sues Google for anti-competitive conduct in online ads

canada.ca

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Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#31

Post by belval »

b112 wrote: post #22
chongli wrote: post #17

Earlier quoted context omitted.

Yes, it seems to be a “made in Canada” economic theory: better to have a regulated domestic oligopoly than a market dominated by foreign competition. Of course the downside is regulatory capture leading to a ratchet effect depressing the economy while extracting more and more rents.

I wish everyone would pay attention to what the government is doing, instead of finding out from youtube or tiktok. As all governments, the liberals are imperfect. However, The House of Commons Standing Committee on Finance (FINA) spent several years grilling banks, and some change has happened. One example? Prior to now you could escalate issues to first a bank ombudsman, then a provincal one. Such complaints where…

Not a fan of the liberal party but I agree that it's one of the front where they did actually change things and they should get credit for it.

Same goes for phone bills which are going down across Canada. We are still paying too much but it's much better than ~4-5 years ago by a big margin.

And for anyone who wants to looks at the fundamentals, all large telecom companies (Bell, Telus, Rogers) in Canada have lost >20% of their valuation over the last 2 years. Pretty sure that if they "owned" the government they would have found a way to buoy themselves.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#32

Post by voisin »

wubrr wrote: post #11
jszymborski wrote: post #6

Great, I fully support this. However, this should be way at the bottom of our priority list. Canadian Telecom, Banks, and News Media should all be wayyy higher on the priority list. The Bank of Canada even said that one of the largest contributers to Canada's low productivity is the lack of competition present in so many of our industries.

This lack of competition isn't an accident - the (very very corrupt) government has essentially been supporting and enforcing monopolistic practices and collusion for decades (all parties).

It might just be my take, but by saying “the government” it sounds to me like you are implying it is the current government, which isn’t wholly correct. To be clear, this corruption includes the current government and essentially every government (among all parties) since the 60s. They’ve all been complicit in this particular corruption.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#33

Post by voisin »

b112 wrote: post #22
chongli wrote: post #17

Earlier quoted context omitted.

Yes, it seems to be a “made in Canada” economic theory: better to have a regulated domestic oligopoly than a market dominated by foreign competition. Of course the downside is regulatory capture leading to a ratchet effect depressing the economy while extracting more and more rents.

I wish everyone would pay attention to what the government is doing, instead of finding out from youtube or tiktok. As all governments, the liberals are imperfect. However, The House of Commons Standing Committee on Finance (FINA) spent several years grilling banks, and some change has happened. One example? Prior to now you could escalate issues to first a bank ombudsman, then a provincal one. Such complaints where…

> So again, things are and must be different unless we intend to allow another country to control how we do business with one another, communicate, interact and so on.

Isn’t the right answer that regulation should rein in what companies do regardless of citizenship of the ownership of the company? And by increasing competition we would eliminate the possibility of American behemoths from simply buying everything (trading the problem we have now for the same problem with different owners). We need more competition American or otherwise.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#34

Post by voisin »

WBrentWilliams wrote: post #30
b112 wrote: post #22

Earlier quoted context omitted.

I wish everyone would pay attention to what the government is doing, instead of finding out from youtube or tiktok. As all governments, the liberals are imperfect. However, The House of Commons Standing Committee on Finance (FINA) spent several years grilling banks, and some change has happened. One example? Prior to now you could escalate issues to first a bank ombudsman, then a provincal one. Such complaints where…

The argument you and the other poster are having has been useful to me. Thank you. For context, my family and I just returned from a lap around Lake Huron. I invite you and yours to take a similar trip in the US, just to see the differences. Earlier in the year, my family and I went to Wyoming. Once we got off the freeways, we saw what I call The Real America. What does it look like? It looks like a place that has be…

> Middle Ontario, while rural, looked quite hopeful in comparison.

Except our GDP per capita is somewhere around Louisiana. I think what you are seeing in Middle Ontario is boiled by insane, unsustainable debt levels.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#35

Post by wubrr »

voisin wrote: post #32
wubrr wrote: post #11

Earlier quoted context omitted.

This lack of competition isn't an accident - the (very very corrupt) government has essentially been supporting and enforcing monopolistic practices and collusion for decades (all parties).

It might just be my take, but by saying “the government” it sounds to me like you are implying it is the current government, which isn’t wholly correct. To be clear, this corruption includes the current government and essentially every government (among all parties) since the 60s. They’ve all been complicit in this particular corruption.

Interesting how you interpreted 'current government' even though I specifically said 'decades' and 'all parties'.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#37

Post by wubrr »

b112 wrote: post #22
chongli wrote: post #17

Earlier quoted context omitted.

Yes, it seems to be a “made in Canada” economic theory: better to have a regulated domestic oligopoly than a market dominated by foreign competition. Of course the downside is regulatory capture leading to a ratchet effect depressing the economy while extracting more and more rents.

I wish everyone would pay attention to what the government is doing, instead of finding out from youtube or tiktok. As all governments, the liberals are imperfect. However, The House of Commons Standing Committee on Finance (FINA) spent several years grilling banks, and some change has happened. One example? Prior to now you could escalate issues to first a bank ombudsman, then a provincal one. Such complaints where…

I think if you were confident and believed in what you're saying, you wouldn't have a pre-written complaint about people questioning what you say every other sentence of your comment.

> What the point is, change does happen, and yes for the better (I can hear the disillusioned starting to type already), and we do infact fix things in Canada.

According to most Canadians things are changing for the worse, and that's pretty obvious when you look at housing, healthcare, groceries, general affordability, etc.

> We do have a different market than the US. This is of course a good thing.

We have a far less competitive market, we have much lower wages for the same jobs, higher taxes, higher cost of living.

> We also have the second largest country on the planet, yet with only the population of California.

What does that have to do with anything? We have the richest country on the planet in terms of resources, I don't see how having more land and resources is some kind of excuse for poor performance.

> I'm sure some will want to respond here with loads of "who cares", and that's fine.

We have the worst housing market in history, we have falling per-capita GDP due to completely irresponsible levels of immigration, which is also overflowing our healthcare and justice systems. We have record youth unemployment, record homelessness and food bank usage. We have a nonstop stream of corruption scandals in the federal government. Tell me again how the government is good but good things just take time lmao.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#38

Post by wubrr »

b112 wrote: post #26
chongli wrote: post #25

Earlier quoted context omitted.

Thing is, change in a democratic government takes time, because in a democracy you cannot issue edicts on many things. When we vote at the ballot box and you vote for a red tie and I vote for a blue tie, one of us gets the tie we want and the other is forced to wear the wrong tie. When we vote with our wallets I can get a green tie and you can get a yellow tie and someone else can have a purple tie. Everyone gets the…

And mine, was that you should want better regulation, as better competition is an end to our societal control. If foreign corporations control all aspects of your economy, you become a puppet.

Corporations already control all aspects of our economy. Whether they are foreign or 'benevolent domestic corporations' - as you seem to think they are, doesn't really matter. The insane flood of immigration and TFWs, which destroyed our housing, healthcare, justice systems, and lowered per-capita GDP was 100% at the behest of the benevolent domestic corporations, and all of the negative knock-on effects were known by our government and PM ahead of time, and they went ahead anyway.

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#39

Post by wubrr »

belval wrote: post #31
b112 wrote: post #22

Earlier quoted context omitted.

I wish everyone would pay attention to what the government is doing, instead of finding out from youtube or tiktok. As all governments, the liberals are imperfect. However, The House of Commons Standing Committee on Finance (FINA) spent several years grilling banks, and some change has happened. One example? Prior to now you could escalate issues to first a bank ombudsman, then a provincal one. Such complaints where…

Not a fan of the liberal party but I agree that it's one of the front where they did actually change things and they should get credit for it. Same goes for phone bills which are going down across Canada. We are still paying too much but it's much better than ~4-5 years ago by a big margin. And for anyone who wants to looks at the fundamentals, all large telecom companies (Bell, Telus, Rogers) in Canada have lost >20…

> And for anyone who wants to looks at the fundamentals, all large telecom companies (Bell, Telus, Rogers) in Canada have lost >20% of their valuation over the last 2 years. Pretty sure that if they "owned" the government they would have found a way to buoy themselves.

They are buoying themselves. If we had proper competition all 3 would be bankrupt by now.

https://www.thestar.com/business/rogers-bell-and-telus-colle...

https://www.ndp.ca/bell-payback

Re: Canada Competition Bureau sues Google for anti-competitive conduct in online ads

#40

Post by _aavaa_ »

wubrr wrote: post #38
b112 wrote: post #26

Earlier quoted context omitted.

And mine, was that you should want better regulation, as better competition is an end to our societal control. If foreign corporations control all aspects of your economy, you become a puppet.

Corporations already control all aspects of our economy. Whether they are foreign or 'benevolent domestic corporations' - as you seem to think they are, doesn't really matter. The insane flood of immigration and TFWs, which destroyed our housing, healthcare, justice systems, and lowered per-capita GDP was 100% at the behest of the benevolent domestic corporations, and all of the negative knock-on effects were known b…

Doesn’t this make the case specifically for better government and regulations rather than more “competition”? Won’t all of that competition simply do the same thing vis a vis TFW?

Which by the way seems like a crazy program they got going on up there. It seems like the companies there are using them as scabs for non-unionized jobs.

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