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ARTICLE · 10 OCTOBER 2012

Global Competitiveness Report Ranks Canada's Competition Regime 21st In World

On September 5, the World Economic Forum released the 2012-2013 edition of its Global Competitiveness Report.

CanadaAntitrust/Competition Law

On September 5, the World Economic Forum released the 2012-2013 edition of its Global Competitiveness Report. The Report uses financial and statistical data as well as executive opinion surveys to rank countries on a wide variety of metrics related to social and economic competitiveness. Canada was ranked 14th overall, down two places from its result in 2011-2012.

Of interest to businesses and competition counsel, Canada ranked 21st overall in the "effectiveness of anti-monopoly policy" category. Respondents to the executive opinion survey were asked to what extent they felt that anti-monopoly policy promoted competition in their respective countries, on a scale of one to seven (with a score of seven meaning that anti-monopoly policy "effectively promote[d] competition"). The mean score was 4.0. Canada scored 4.9, beneath countries such as the U.S. (also 4.9; 17th overall) and the U.K. (5.2; 10th overall), and even Qatar (5.3; 8th overall) and South Africa (5.3; 6th

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