Today, the Competition Bureau published the final version of its Market Studies Information Bulletin. This follows a public consultation on a draft Bulletin.
During its market studies, the Bureau closely looks at a market or industry to examine competition issues and propose solutions. Market studies help the Bureau and policymakers understand competition dynamics in important sectors of the Canadian economy. They also allow us to make recommendations that support competition.
The Market Studies Information Bulletin answers five broad questions:
- What steps do we take before launching a market study?
- How do we launch market studies and decide how long they will take?
- How do we obtain and use information, including confidential information?
- What are the outcomes of a market study?
- How do we follow up and monitor the impact of our market study?
In December 2023, amendments to the Competition Act created a new framework for undertaking market studies with information-gathering powers. These changes are reflected in the new Market Studies Information Bulletin.
The Bureau thanks all those who participated in the consultation. Their comments were carefully considered as we finalized the Bulletin.
