Submission of the Director of Investigation and Research, Competition Bureau PDF Download

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Languages : en
Pages : 88

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Book Description
This submission represents the views of the Director of Investigation & Research, Competition Bureau, regarding a discussion paper issued by the Task Force on the Future of the Canadian Financial Services Sector. It begins with a summary of the Bureau's recommendations with regard to Task Force issues, followed by discussion of trends affecting the Canadian financial services sector. It then addresses the role of competition policy in that sector and provides an overview of Canadian competition law and institutions, outlining various provisions of the Competition Act relevant to the sector. The submission also reviews the Bureau's approach in assessing financial sector mergers, considers the impact on competition of various policies and regulations, and examines a number of current regulations and policies affecting the sector from a competition policy perspective. The appendix includes background information on the practice of tied selling and a draft document on the application of merger enforcement guidelines as applied to bank mergers.