Price fixing is illegal

According to Canada’s Competition Bureau, price fixing is illegal.

According to Canada’s Competition Bureau, “provisions 45, 46 and 48 of the Competition Act prohibit agreements between two or more persons to prevent or unduly lessen competition or to unreasonably enhance the price of a product.”

In plain English then, it’s not okay for gas stations to increase or decrease their prices in an agreed upon manner. If it happens “accidently” or “circumstantially,” it’s okay.

The problem, says the Competition Bureau, is that “price-fixing conspiracies are by their nature difficult to detect and prove.”

This strikes me as ridiculously funny. Somehow, the simple has become insanely convoluted.

In my mind, the proof is blatantly obvious to anyone with a fairly decent pair of working eyes. Or even anyone with friends who have eyes.

When one gas pump raises or drops their price (sometimes by as much as 25 per cent increases, though decreases are by the penny), all other gas pumps in the greater Victoria region (or provincial region) follow suit.

In my simple, un-complicated non-government brain, prices would go up when a gas station’s old fuel supply is gone and has been replaced by a cheaper (or more expensive) deposit of fuel. The point of price change, then, is when the tanks are refilled.

Unless the supply at all gas stations are emptied and refilled at the exact same moment, then we already have all the proof we need that some form of collusion is happening. They’re advertising it for goodness sakes!

The hand-slapping for price collusion is potentially painful. It can include fines up to $10 million, imprisonment for up to five years, or both. Courts can also impose orders to prevent this from happening.

Yet, in spite of the evidence blatantly posted right there before our eyes, nothing happens.

Are we still waiting for some innocent child to yell out that the Emperor is naked? Sadly, in today’s world, that child will need to be one rich enough to be able to afford a team of lawyers, and young enough to live through the decades that it might require.

And then, we’ll need a sibling child to point out that the very same is going on with the highly monopolized communications industry (cell phones, cable, internet). Only difference is, they are not posting their signs on drive-by billboards.

 

Just Posted

Sooke takes a step toward Lot A plan

Final proposal anticipated for the end of February

Greater Victoria rugby players named to national Hall of Fame

Former Canada captains, Oak Bay’s Mark Wyatt and Victoria’s Hans De Goede to inducted this spring

What to know before you tow: Langford bylaw weighs in

Officials don’t recommend personal towing, like viral video viewed 42,000 times and counting

Victoria boxer gets second chance after provincials

Fighter looks to win ‘box-offs,’ take spot at nationals

Push for a new libary in Victoria would also benefit Saanich

Victoria Needs a Hillside Library could also check in with Saanich during their push

Canada’s archive buys rare book that hints at Nazi plans for North America

The 1944 book may have served as a blueprint for a Nazi purge

UPDATE: Trees affecting travel at YQQ have been trimmed

Some flights have been rerouted or cancelled due to some trees impacting the safety margins

47 men arrested by Vancouver police for allegedly seeking sex with teenage girls

Seven of those arrested have been charged as part of a two-month operation

Speaker Darryl Plecas says ‘justice’ needed for legislature employees

Plecas spoke to media at the opening of a pedestrian and cycling bridge in Abbotsford Wednesday

Advocate hopes B.C. legislature scandal leads to more transparency

‘Depressing’ that it takes a scandal to inspire freedom of information reform, says Sara Neuert

‘Dr. Lipjob’ avoids jail, gets 30-day suspended sentence

She will have to serve the 30 days in prison if she commits a breach during her two-year’s probation

Ex-Mountie involved in Taser death at Vancouver airport sues government

Kwesi Millington claims he acted in accordance with RCMP training

LETTER: Seniors home care, day programs expanding, Adrian Dix says

B.C. health minister responds to latest Seniors Advocate report

B.C. woman wins Instagram celebrity’s boob job contest

‘Kirill was here’ held a contest for women to win a boob job and a trip to Miami

Most Read