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@chriskohlernews: How bout that competition. #finance #australia #business
Chris Kohler
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Region: AU
Thursday 22 February 2024 09:12:35 GMT
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Comments
Jøsh :
I’m convinced Canada and Australia are the same place in different hemispheres
2024-02-22 18:53:01
14752
SaulGoodman :
the Capitalists don't play by their own rules. they just expect the rest of us to do so
2024-02-22 11:50:49
7552
CurisoDiablo :
This looked like a conversation between Clark Kent and Bruce Wayne.
2024-02-22 09:51:11
3876
Susie Boyle :
The main reason there is little competition is because of regulations and government subsidies
2024-02-22 13:17:54
751
Lux Halo :
Sounds a lot like Canada 😡. Sad that one a few have monopoly over all of us.
2024-02-22 13:52:06
4202
B :
someone really needs to crack into the supermarket, energy and insurance sector because its just not fair on consumers at this stage😭
2024-02-22 13:27:32
295
BB :
copy and paste with Canada
2024-02-22 22:36:22
508
Jordon :
in WA we don't even have a choice of power provider hahaha
2024-02-22 10:27:28
510
Phil | Personal Finance :
Glad Canada is not the only country with nothing but monopolies
2024-02-22 13:30:02
652
Antonio pics :
Pretty sure Bunnings, Coles, Kmart and Officeworks are all owned by the same group.
2024-02-26 12:12:04
281
hisammy 🇦🇺 :
Three decades of allowing all of the competition to be bought out
2024-02-22 14:49:32
342
Harri :
The reason this happened is that a majority of these services were government, and then got sold to the private sector in order to “boost business.”
2024-02-23 20:11:59
590
jane_c74 :
how many media companies too
2024-02-22 11:49:47
101
brisbri :
That’s our own choice tho
2024-02-22 14:08:26
3
keggers🇧🇪🤘☭🍉 :
the thing with competition is, eventually someone wins. that's why capitalism always leads to monopoly
2024-02-23 00:15:52
46
mclensi :
So ACCC failed? I hope we don’t reward them with MORE funding.
2024-02-22 11:49:41
206
orientc5 :
To be fair, these industries are more efficient at scale
2024-02-22 19:41:22
51
lucasgamag :
A "free market" that allows for oligopolies will never be truly free
2024-02-22 20:43:46
13
godzi31989 :
Australian government just keeps letting them build their monopoly.. shell is currently buying OTR, they own Coles express fuel. that's like 70% in SA
2024-02-23 17:04:55
7
Ayna 🍉 :
same but in America everything and everyone is owned by Blackrock and Vanguard
2024-02-23 00:04:59
32
Kraigge 🇦🇺 :
And soon a disrupter comes along they get taken over
2024-02-22 11:19:05
15
Goop :
It doesn’t help when the ACCC allows ANZ to buy StGeorge Bank and now Suncorp. Monopolies everywhere
2024-02-22 09:59:02
42
Exo1star :
Runaway train of mergers and acquisitions create monopoly then you have govt regulations protecting monopoly eg Qantas
2024-02-22 09:49:54
438
Spartan.Partners :
we have a tiny population. we can't justify more competition. it's all economies of scale. we don't want an Oz that is a graveyard of failed business
2024-02-22 09:23:44
9
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