Thread by @TorontoStar

#StarExclusive: Ottawa announces review of Canada’s competition law, with focus on wage fixing, deceptive pricing and ‘anti-consumer practices’
thestar.com/business/2022/…

This comes after growing calls for reform in recent years, with the Commissioner of Competition repeatedly saying the laws on anti-competitive markets and mergers should be updated and academics and researchers arguing for progressive changes.
thestar.com/business/2022/…

François-Philippe Champagne, Minister of Innovation, Science and Economic Development told the Star the government wants to tackle issues such as collusion by employers to fix wages and the deceptive practice known as drip pricing. thestar.com/business/2022/…

“We’re looking at a number of potential changes that would have an immediate and tangible impact for consumers and businesses in Canada,” Champagne said. “And the (next) step would be a more comprehensive modernization of the Competition Act in Canada.”
thestar.com/business/2022/…

Changes to competition law would require legislative action, and Champagne would not commit to a firm timeline for the more immediate steps or the larger review, but said: “This is certainly top of mind, because this is a tool in the tool box.”
thestar.com/business/2022/…