Monopolies generally drive prices up by restricting competition.
privatizing liquor stores
The Beer Store owns a monopoly on all 12-pack and 24-pack beer sales in the province.
When Ontario opposition leader Tim Hudak recently released a position paper that mused about reforming how Ontarians buy their beer, wine and spirits, the usual nonsensical non sequiturs were quickly offered up by those opposed to private liquor stores.
Ill get to the myths about private booze shortly. In general though, state-owned enterprises almost invariably mean losses for taxpayers, consumers or both.
A good example of the latter is the Liquor Control Board of Ontario (LCBO) itself, which runs the Ontario government liquor stores.
If youre a fan of lower prices, increased convenience, better product selection and improved customer service, you might want to keep the champagne on ice---at least when it comes to BCs liquor industry. Despite all the recent talk of the BC government privatizing the Liquor Distribution Branch [LDB], its not happening. Not even close. And that is unfortunate for regular British Columbians who enjoy a cold beer, a glass of wine or a sex on the beach every now and then.