“In other words, if a merger creates a significant amount of cost savings, it is legal under Canadian law, even if it hurts consumers. These cost savings often come from laying off staff, which may exacerbate the harm these mergers can inflict on Canadians. Ultimately, the increased revenues from higher prices and cost savings accrue to business owners and shareholders, exacerbating economic inequity.”

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The Canadian Anti-Monopoly Project is a think tank dedicated to addressing the issue of monopoly power in Canada. CAMP produces research and advocates for policy proposals to make Canada’s economy more fair, free, and democratic.

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