ST Alpha - "Well, sale of NB Liquor is problematic because you're selling a monopoly, and it has the most value to the buyer if the monopoly is maintained." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 157

In response to "I'll take $100M a year forever for my Province over $1B now and someone else gets the $100M a year regardless of why it was originally done -- nm" by Beaker

Well, sale of NB Liquor is problematic because you're selling a monopoly, and it has the most value to the buyer if the monopoly is maintained.

Posted by Roger More (aka rogermore) Nov 16 '16, 08:27

And also, the biggest return from the sale to the government. So that's hard to unpick.

But if you're able to create a competitive market, the good things that flow from that - lower prices, better investment, more choice, etc - would be more than $100M a year.

(I can't believe that I, the government worker, is making this argument to the accountant. It should really be the other way around)

Responses:

Lower prices is always promised (for every Govt move) but I don't think it has ever actually occurred. - Beaker Nov 16, 08:30 2
- Yeah, it's about "how do you create a competitive market?" and that is the last thing that gets any attention. - Roger More Nov 16, 08:59
- and NBL is actually pretty good at choice, tons of local microbrew options now. The big thing will be the beer lawsuit and buying in Quebec - Beaker Nov 16, 08:31

Post a message top

Well, sale of NB Liquor is problematic because you're selling a monopoly, and it has the most value to the buyer if the monopoly is maintained.

Replies are disabled on threads older than 7 days.