cover image: Competition Policy Council Communiqué - Bring on the Competition: Reforming Canada’s

20.500.12592/frt91v

Competition Policy Council Communiqué - Bring on the Competition: Reforming Canada’s

21 Apr 2022

Howe Institute Competition Policy Scholar, in his paper, Examining the Canadian Competition Act in the Digital Era and the February 8, 2022, submission of the Competition Bureau (“the Bureau”) to the Wetston consultation. [...] It states: The purpose of this Act is to maintain and encourage competition in Canada in order to promote the efficiency and adaptability of the Canadian economy, in order to expand opportunities for Canadian participation in world markets while at the same time recognizing the role of foreign competition in Canada, in order to ensure that small and medium-sized enterprises have an equitable oppor. [...] In the view of Council members, the Act’s primary purpose in practice has been to promote the efficiency and adaptability of the Canadian economy. [...] It follows that the broad consensus of the Council was that the purpose of the Act in ensuring that SMEs have an equitable opportunity to participate in the economy is in recognition of the fact that SMEs can have a pro-competitive effect in the economy, not that the purpose is to protect SMEs for their own sake. [...] Returning to the theme of economic efficiency as the overarching purpose of the Act and the Act’s role in promoting dynamic and fair markets in the digital economy, the Council is concerned with some of the recommendations in the Bureau’s submission to the Wetston consultation.
Pages
7
Published in
Canada