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Decentralized Democracy

House Hansard - 251

44th Parl. 1st Sess.
November 20, 2023 11:00AM
Context: House Hansard - 251 - Nov/20/23
Mr. Chandra Arya (Nepean, Lib.)
  • Nov/20/23 12:43:24 p.m.
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  • Re: Bill C-56 
Madam Speaker, I am glad that the member agrees that competition is a good thing. In several sectors, from banking to telecom to consumer staples, we have a few companies dominating the market, curbing competition and thus driving up the prices. The member mentioned efficiency, which is a factor that has been used in the past to join companies together and bring down competition. Could he elaborate on that, please?
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Context: House Hansard - 251 - Nov/20/23
Mr. Chandra Arya (Nepean, Lib.)
  • Nov/20/23 1:00:20 p.m.
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  • Re: Bill C-56 
Madam Speaker, I would like to ask the hon. member his views on the competition levels that are in existence in several sectors of the Canadian economy, from the banking sector to the telecom sector and to consumer staples and so many other sectors. Competition actually brings down prices and helps consumers. When just a few corporate players dominate any market, through their profiteering objectives, it creates an undue burden on consumers, so I would like to ask the hon. member about his views on competition.
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