“These days, corporate empires have rebranded as “everything companies,” and everything companies tend to proselytize about the efficiencies they achieve. By operating pharmacies, health clinics, and financial services, among many other businesses, a retailer can better accommodate consumers as a one-stop shop. There’s an intuitive logic here. The more Loblaw can harmonize and cross-subsidize across its various business lines, the better it can serve you, right? Loblaw’s ecosystem does indeed aim at harmony, but its interest is in harmonizing market control, which comes at a cost for consumers, who have little choice but to operate within its boundaries, watch their data be harvested and leveraged, and pay more for less. Any economist will tell you that a lack of competition makes it easier for companies to raise prices”
https://thewalrus.ca/loblaw-has-become-an-everything-company/