Washington – The Computer & Communications Industry Association submitted comments on the Canadian Competition Bureau’s updated merger enforcement guidelines.
CCIA appreciates the Bureau’s efforts to ensure the guidelines provide clarity and transparency for businesses to comply with the Competition Act. CCIA’s comments emphasized that merger enforcement should be effects-based, evidence-driven, and focus on whether a transaction is likely to result in a substantial lessening or prevention of competition, without deterring procompetitive or competitively neutral merger transactions.
CCIA has advocated for tech policy that advances competition and innovation for over 50 years.
The following can be attributed to CCIA Vice President of Global Competition and Regulatory Policy Krisztian Katona:
“It is important to periodically review and update merger guidelines to ensure they accurately reflect current practices and market realities. However, placing too much emphasis on structural presumptions without empirical support and on speculative theories of harm, particularly in dynamic, innovation-driven markets, may reduce incentives to innovate and undermine legal certainty for merging parties. Many mergers and acquisitions are procompetitive, and failing to recognize this could make the economic environment less competitive.”
