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Canada Initiates Reforms to Competition Act to Tackle Monopolies

François-Philippe Champagne, the federal Minister of Industry, Science, and Industry, announced key amendments to the country's Competition Act on Thursday. The changes aim to address the growing concern over monopolies in various sectors and come after extensive consultations with civil society groups, academics, and experts. The move was applauded by non-profit and consumer advocate OpenMedia....

92% of Canadians Believe Monopolies Are Driving Up Prices, Says Poll

Summary: 92% of Canadians believe monopolies are driving up prices 69% believe competition laws and regulations benefit large companies over consumers 86% agree that more competition means lower prices and more choices for consumers A recent Mainstreet Research poll conducted by OpenMedia and Ekō shows that 92% of Canadians believe that high market concentration is...