It has now been twenty years since the introduction of the Competition Act. Over this time there have also been significant changes to Canada’s economy due to privatization, globalization and de-regulation. Thus, it seems appropriate to examine the economic impact of the Competition Act since its introduction in 1986. However, determining the impact of the Competition Act on aggregate economic performance is difficult because incremental change in the intensity of competition due to the application of the Competition Act is only one of many factors that affect the economy. While we are unable to empirically determine the effect of the Competition Act on economic performance, we argue that not only has the Competition Act had an impact on the Canadian economy, but that it has been flexible enough to both accommodate and enhance the structural changes that have increased the intensity of competition in the Canadian economy over the last twenty years.
Available at: http://works.bepress.com/david_krause/9/