Fun fact: Canada once led the world in fighting monopolies.
With the Anti-Combines Act of 1889, we became the first country in the world to enact pro-competition laws, designed to bust monopolies and protect consumers. But, as the saying goes, being first doesn’t always mean being best.
The Competition Act, which took effect on June 19, 1986, was an attempt to fix the problems with its predecessor. It’s been revised several times since.
As the Act turns 40, we’re joined by its chief architect, Lawson Hunter, to assess how it has evolved and performed, and where Canada’s competition policy and enforcement should head next.
Hunter’s career is long and distinguished. A former competition commissioner and assistant deputy industry minister, he is the recipient of the Chambers Canada Lifetime Achievement Award for his work as a member of the bar and a member of the Order of Canada.
He’s the former chief corporate officer for Bell Canada and, as a long-time counsel at Stikeman Elliott, has advised many of Canada’s biggest companies on mergers and acquisitions.
On this week’s Do Not Pass Go podcast, we discuss the up-and-down enforcement of the Act, who should be the next Competition Commissioner, and how Canada has been “infected” by all these antitrust hipsters.
