A major aim of Canadian competition policy is to

Question

Quizplus · Accepted Answer

The aim of Canadian competition policy is to prevent further concentration of industries where such concentration would lessen competition, which is a core objective of antitrust laws. This helps promote fair competition and protect consumers from abusive practices that could result from the formation of monopolies or other anti-competitive practices. Eliminating oligopolies and achieving a perfectly competitive market structure may not always be feasible, but preventing further concentration of industries can go a long way toward promoting competition and consumer welfare. Monitoring the pricing practices of crown corporations and protecting Canadian companies from unfair foreign competition may be part of Canadian policy, but they are not the primary aims of competition policy.

A Major Aim of Canadian Competition Policy Is to