Industry Canada Competition Bureau On

Amazing experience

Could do better in stopping malpractices done by e commerce giants mainly from USA by rigging prices-These giants are using AI against retail consumers by identifying consumers IP address by suggesting an upward price next time you use the website or put pressure on retail consumer by denying free shipping or overcharging on shipping.In some places they are bumping up shipping cost or forming price cartels with suppliers.Bumping up price and then offereing discounts should also be discourraged, these are called as manipulative mental techniques.I see a lot of these giants are rigging LED prices. Current prices seem to be very unrealistic to me at present.Government should pass a law for preventing Manipulative Trade practices and Price cartel formation by E commerce giants and prevent them from tagging customers IP address.Another example is GAS prices, most companies are forming a price cartel - earlier before 2003 this was not the case , every gas station had a different price.Since the government is benefitting from higher gas price by earning more tax, I don't expect any improvement in GAS prices coming down. This is conflict of interest in role of government.Would our Government put their views on the matter?I am thankful to the government for cracking down on the bread price cartel, they should cap a limit on the amount of profit that certain corporations are making.REAL ESTATE- Bad model as agent commission is tied to price , agent do every possible thing to bump up real estate price in order to earn more commissionThere should be a downward revision in the commission that agents make whenever an agent bumps up price of real estate to sell.Commissions should be a fixed amount IRRESPECTIVE OF PRICE ! DELINK COMMISSIONSSame is with the Mutual fund and finance industry,, commissions should be fixed amount, period. or have these agents only on a fixed salary- no commission.