Governments and competition agencies around the world, including
those in Canada, the United States and Europe, are reviewing their
competition policies to assess whether they are capable of
addressing novel and complex issues arising in today's
fast-paced and ever-changing digital economy. These issues arise
because the digital economy, unlike traditional markets, is often
charactered by, among other things, platform-based business models,
multi-sided markets, network effects, economies of scale, rapid
technological change and disruptive innovation.
Preceding Minister of Innovation, Science and Industry
François-Philippe Champagne's announcement last week that the Canadian
government would engage in a review of its competition laws,
Senator Howard Wetston initiated a consultation on Canada's
competition policy framework and the Competition Act (the
"Act") in particular. To contextualize
the consultation, Senator Wetston commissioned Professor Edward
Iacobucci to
