Competition Bureau shines a light on its market study process
September 19, 2018 – OTTAWA, ON – Competition Bureau
Today, the Competition Bureau is publishing its final Information Bulletin (Bulletin) on how it selects, scopes and carries out market studies. A draft Bulletin was released for consultation on May 1, 2018.
Have you ever wondered why we chose to look at a specific industry or business sector? Or what happens between the launch of a study and the publication of its final report?
The Bulletin sets out and explains the standard steps that are generally followed by the Bureau when conducting a market study. These steps include identifying potential topics, selecting a study, and clarifying the scope to target the most important issues that may be impacting competition.
The Bulletin also describes the Bureau’s treatment of confidential information in relation to market studies.
The Bureau conducts market studies to examine different industries or business sectors from a competition perspective in order to identify relevant laws, policies, regulations or other factors that may impede competition. Market studies can have a range of outcomes and their findings may be used by decision-makers to improve the competitive landscape, leading to lower prices, more choice and increased innovation in the marketplace.
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The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.
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