Feds to scrap ‘efficiency’ defence to anti-competitive mergers, expand Competition Bureau power

By Cristin Schmitz ( September 21, 2023, 5:04 PM EDT) -- The Trudeau government has moved to scrap the controversial “efficiencies” defence to anti-competitive mergers as part of a new package of proposed legislative measures that would remove the GST from new purpose-built rental housing, while expanding the Competition Bureau’s powers to investigate and compel information and enabling the government to direct that the anti-monopoly watchdog inquire into the state of competition in particular industries....