Quote:
Originally Posted by GGG
Removing quotas in a competitive environment of a limited shelf life product will reduce costs to the consumer provided you don't end up in a monopoly situation. That's basic economic fact.
And yes we do pay more for goods due to your reasons listed above. We also pay for supply management.
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We might be paying for supply management, but the consumer would not likely pay less at this point even if it were completely removed. In the UK dairy deregulation case retailers/supply chain ate up near the entirety of savings which were not really passed to consumers.
You'd end up having to deregulate one sector to regulate another for the savings to become apparent.