Monopolies Killed My Hometown

e27:  Apologies on this delayed episode. I was on holiday and didn't get this pulled together before I went away. This episode we're back to the Royal Commission on Price Spreads and their analysis of the Agricultural Implement Industry - basically, tractors, combines, and other farming equipment. Unsurprisingly, the Commission found there was only 3 major equipment dealers and they were extracting excess profits out of the Farmer's. This either drove up food costs or drove farms out of business. 

I argue that manufacturers are extracting excess profits out of farmers today. One way is by not allowing farmers to fix their own equipment.  Did you know that a farmer can break copyright law by fixing their own tractor? Weird, huh? This also applies to the rest of us when we try to fix cars, cell phones, tvs, appliances and other consumer items.  These excess profits eventually end up being paid by us at the grocery store. The 'Right-to-Repair' movement is pushing hard to fix this and let farmers and people fix their own equipment and goods. 

Links from this episode:

What is Monopolies Killed My Hometown?

Do you wonder why small towns, small businesses and people seem to be falling behind and you don’t know why? Feeling helpless about whether any of us can do anything to halt the decline of the places we love? Well, we know a secret. Our society fought the same battles about 100 years ago, and small towns won.

Join Andrew Cameron, the founder of the Center for Small Town Success and small business owner, every other week as he rediscovers our Canadian Anti-Monopoly tradition. The goal is to learn how we successfully fought back against Monopolies in the 1900s so we can restore power to small towns, small businesses and individuals today.

Listen to this podcast if you want to learn more about Canadian Competition Policy and to join the Anti-Monopoly movement. #freeboswell #cdnpoli