The Public Competition Enforcement Review
|Area||Competition, Antitrust and Foreign Investment|
Article originally published in The Cartels and Leniency Review, 8th edition
Excerpt from "The Public Competition Enforcement Review":
Competition and antitrust matters continue to attract significant attention in Canada.
Canadian Commissioner of Competition, John Pecman, has made a number of significant public statements outlining his approach to enforcement and administration of the Competition Act going forward, both domestically and internationally.
Commissioner Pecman has signalled a renewed focus on the use of statutory investigative powers, and also has indicated a greater willingness to cooperate with competition authorities in other countries in major international investigations. He has pointed to the importance of non-enforcement compliance tools, including corporate compliance programmes.
Commissioner Pecman has also recently spoken about the importance of competition policy advocacy wherein the Canadian Competition Bureau provides policy advice to government regulators and policymakers to find ways to regulate industries in a manner that achieves the policy goals of the regulators but which is also least restrictive of competition. Such competition policy advocacy is increasingly important as new technologies produce new products and choices for consumers, but raise new challenges for regulators and incumbent competitors.