Skip to main content
streetwise
Open this photo in gallery:

When the Competition Bureau released its 2019-2020 Annual Plan, it's goal was to make the Bureau a world-leading competition agency in a rapidly advancing digital economy.Richard Drew/The Associated Press

A competition lawyer and a deputy commissioner of the Competition Bureau recently described the Bureau’s role and priorities; in both cases, the emphasis was on the digital economy.

When the Bureau released its 2019-2020 Annual Plan, it stated as a goal making the Bureau a world-leading competition agency in a rapidly advancing digital economy, writes Antonio Di Domenico of Fasken LLP. The plan names industries of interest in its enforcement and compliance efforts, and notes that the emergence of data-driven platforms and “network effects” are numerous and unpredictable.

And in a recent speech on big data, a Bureau deputy commissioner also referred to “network effects,” or the appeal of a platform increasing as more people use it. “[I]f platforms become more valuable to users as they grow, this helps explain why we are seeing digital giants emerge,” said Anthony Durocher.

Read the article at www.lexpert.ca. Follow @Lexpert on Twitter.

Stay up to date on all our Streetwise stories. We have a Streetwise newsletter, covering mergers and acquisitions, plus financial services news. It is sent Monday to Friday evening. Sign up today.

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe