EPISODE SUMMARY
New PIAC Executive Director and General Counsel, Geoff White, is pleased to take the reins of the podcast and interviews Denis Hearn and Vass Bednar about their urgent, clear and accessible book, “The Big Fix”, which seeks to explain why Canada has a competition problem and how to fix it.
EPISODE NOTES
Geoff White, PIAC’s new Executive Director and General Counsel interviews authors Denise Hearn and Vass Bednar about their eye-opening new book, “The Big Fix”, which reveals the extent of Canada’s inability to get competition in Canada right. Canadians pay too much, have limited market choices, little control of their shopping experience and suffer intrusive surveillance mostly due to the inability of Canadian regulators to halt mergers in areas such as food retailing, telecommunications, financial services and even veterinary services.
Hearn and Bednar outline their potential solutions to address this market power, to provide a democratic and consumer-driven solution to make the market less “fixed” against Canadians. These include not only a more stringent review of mergers but also a ‘whole of government’ approach to competition effects on all parts of the economy. Gosh, they even discuss the prospect of structural separation in telecommunications and promotion of human flourishing as an outcome of markets. This is a refreshing and provocative discussion about putting consumers first – a goal PIAC has pursued for 40 plus years, and will pursue in the future.
Buy the book from Sutherland House: https://sutherlandhousebooks.com/product/the-big-fix/
Listen to the podcast:
Make a donation to PIAC, right now, through Canada Helps: https://www.piac.ca/become-a-donor/