Two influential U.S. opponents of unchecked corporate consolidation and power have weighed in on Ottawa’s consultation on new competition rules for Canadian businesses.
Khan and Kanter are among a number of so-called progressive antitrust advocates who were appointed to senior roles in government by President Joe Biden and both have taken on big tech companies in high-profile cases. . For example, the U.S. does not have an “efficiencies” defence ; and the law in the U.S. also puts a greater burden on merging companies to prove that a proposed deal won’t reduce competition.
In their letter, Khan and Kanter said the head of the Competition Bureau asked them for their input as part of the consultation.