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ARTICLE · 09 FEBRUARY 2022

John Pecman: Knee-jerk Antitrust Reform May Worsen Inflation

Reform proposals range from practical and constructive, to bold and potentially harmful.

CanadaAntitrust/Competition Law

Last week, former Commissioner of Competition and Fasken Senior Business Advisor John Pecman published a highly topical article in the Financial Post outlining why knee-jerk antitrust reform may worsen inflation. Yesterday morning, the Minister of Innovation, Science and Economic Development Canada, Francois-Philippe Champagne, announced that the Government of Canada will engage in a broad review of the Competition Act (the "Act") with a view to promoting dynamic and fair markets. This announcement comes in response to growing calls for reform to Canada's competition laws to account for the market power of large companies, particularly in the digital space. Reform proposals range from practical and constructive, to bold and potentially harmful.

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