Royal Commission on Corporate Concentration

The Royal Commission on Corporate Concentration was a royal commission created in 1975 to study corporate concentration in Canada.

History

The commission was created by the Canadian federal government under Prime Minister Pierre Trudeau through Part I of the Inquiries Act by Order in Council of 1 May 1975, P.C. 1975-999,[1] to study corporate concentration in Canada.[2] The commission, which was chaired by retired clerk of the Privy Council of Canada Robert Broughton Bryce of Ottawa and completed by tele-journalist Pierre Nadeau of Montreal, and lawyer Robert Warren Vincent Dickerson of Vancouver, was tasked with studying the nature and effect of corporate concentration, its economic and social implications, and whether any safeguards were required to protect the public interest;[2] Dickerson had been in 1971 the lead co-author of Proposals for a New Business Corporations Law for Canada. The commission was created in the wake of a failed attempt by Power Corporation of Canada to gain control over Argus Corporation.[2][3] The commission presented its final report in 1978.[3] The report made a number of recommendation, but also concluded that no "radical changes" in laws governing corporate activity were required at the time.[4]

Influence

In 1986, the federal government of Brian Mulroney introduced the Competition Act, to change Canada's competition laws.

References

  1. ↑ publications.gc.ca: "Report of the Royal Commission on Corporate Concentration", March 1978
  2. 1 2 3 "Royal Commission on Corporate Concentration fonds". Archives Canada. Retrieved 22 October 2015.
  3. 1 2 Gorecki, Paul K.; Stanbury, W. T.; Policy, Institute for Research on Public (1984-01-01). The Objectives of Canadian Competition Policy, 1888-1983. IRPP. ISBN 9780886450021.
  4. ↑ "Royal Commission on Corporate Concentration". The Canadian Encyclopedia. Retrieved 2015-10-22.
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