Canada needs more competition (including in telecom), says Bureau

OTTAWA – Noting even “prior to the pandemic, there was already mounting concern that a rise of market power was contributing to sluggish growth, stagnant wages and deeper economic inequality in advanced economies, including Canada,” the Competition Bureau released a report on the outcome of its June 2021 Competition and Growth Summit, which suggests Canada’s telecommunication sector needs more competition. The report, titled Canada Needs More Competition, is based on a three-day summit that brought “together leading thinkers from government, academia and business, as well as the heads of independent competition authorities from Canada, the United States, United Kingdom, Australia...