*I’m really sorry but this is about competition policy again.
The competition EO means better wages and lower costs. Here’s just a few things it will do:
- Limit non-compete agreements
- Prevent excessive internet termination fees
- Bring down prescription prices with more generic options
- Make it easier and cheaper to get hearing aids
Target is using its monopoly power to give itself an advantage selling knockoff products next to name brand at lower prices
It’s time to #breakuptarget
“There is an intellectual revolution here, which the President has embraced,” @superwuster tells me.
President Biden's wide-ranging executive order has 72 different actions. Many must be executed by agencies where he hasn't produced nominees to carry it out, and consequently the actions could end up in limbo or partisan gridlock. @alex_sammon reports:
I wrote about all the cool competition/antitrust stuff in the Biden EO, and whether it can or should inspire policy progress in Canada. 🇨🇦
I also made a handy chart contrasting the Executive Order with the Canadian context. Feel free to use it for your own research/reference, or add to it.
I also have a piece in the National Post. When antitrust makes headlines elsewhere, often many people assume Canada will mimic the intervention - probably because this country is very copy-and-paste. But it’s worth remembering that we’re taking a decidedly different approach when it comes to introducing new accountabilities for large technology firms.
Vass Bednar: France fining Google 500 million euros a stark contrast to Canada's complacent competition policy
As always, thanks for reading + sharing, and for your feedback. I’m learning a lot and I love it.
And I listened to this new Angel Olsen song…a lot. 🎶
Vass Bednar is the Executive Director of McMaster University’s new Master of Public Policy in Digital Society Program.