Ontario beer drinkers can expect to see prices rise if sales are allowed in convenience stores, according to a new study carried out for the province’s Beer Store.
Beer Store Monopoly's End Would Mean Higher Prices: Study - 0 views
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The study, to be released Monday at the Toronto Board of Trade, says consumers can expect to pay about $10 more for a 24-pack of beer if the Beer Store’s monopoly ends.
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The study says privatization in Alberta and British Columbia led to higher prices in those provinces. It also calculates that, if Ontario had followed Alberta’s lead on beer sales, the Ontario government would have missed out on $5.4 billion in revenue over the past 20 years.
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This is an interesting article about monopoly. In the article, it is argued that as beer also gets allowed to be sold in convenience stores and not only in the beer store which has been a monopoly of beer, then there will be a rise in price. The government argues that it would have gained revenue if sold in convenience stores, as a study said that privatization in Alberta and British Columbia led to higher prices in those provinces.
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