May 28, 2019
Rebooting Canada’s competition regime for the digital economy
What is the future of competition in the new digital economy and how well-prepared for this future are Canada and its governments? Mowat’s latest report cuts through superficial narratives that currently surround these questions to take a more in-depth look at the policy reality.
We examine the evidence for this argument and evaluate the threats to innovation posed by declining competition, both present and potential. We identify a series of recent phenomena that are impeding competition and harming innovation, and highlight a number of potential threats to the competitive landscape.
These developments, we find, are likely to have negative impacts on Canada – if left unaddressed. But government and civil society actors in Canada can still take action to improve competition in the digital economy. We set out 26 policy recommendations that would help counter these impacts, looking at Canada’s data regime, algorithmic regulation, amendments to Canada’s Competition Act and related legislation, and government capacity.
Canada should stop simply following the leader. Instead, it should recognize where the puck is going – and get there first.View PDF
Michael Crawford Urban
May 28, 2019