Stricter merger review and antitrust reform urged by competition watchdog

“Canada needs more competition. And Canadians need a modern and effective competition law to support that,” the Competition Bureau said in a statement.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

The watchdog said merger review rules were weak and need to be significantly re-tooled “to address issues with market concentration and harm to the public interest in competition.”Article content It failed to convince courts that the transaction, which still needs government approval, is bad for consumers in a country where wireless bills are already among the highest in the world.

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Federal watchdog urges stricter merger review, antitrust reformOTTAWA — Canada’s competition watchdog called for stronger merger review rules on Wednesday and recommended some 50 improvements to what it said was outdated…
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