Canada ‘Behind the Ball’ With Weak Merger Laws, Says Author of Biting Report

Canada ‘Behind the Ball’ With Weak Merger Laws, Says Author of Biting Report
The Bay Street financial district is shown in Toronto on Aug. 5, 2022. The Canadian Press/Nathan Denette
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Lax merger laws in Canada underestimate the harm to competition caused by mergers and overestimate their benefits, a new report says.
Gaps in Canada’s merger laws have failed to prevent the kind of acquisitions that allow big firms to “extinguish competitive threats and entrench their dominance,” according to the Centre for International Governance Innovation.