Saturday 5 July 2008

The real reason your beer costs more than it should

Monopoly boosts prices, limits choice, critics say

Imagine a store where most of the products are kept in the back.

You order from the cashier. The products can't be sold below a legislated minimum price. And the overwhelming majority are made by one of three large companies, which also own the store.

In Ontario, that is how $2.5 billion worth of beer is sold each year.

Surprisingly, few consumers know this is the set-up.

Read the Toronto Star article here.

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