The Globe and Mail quotes Ottawa Senior Business Advisor John Pecman in an article on global antitrust reforms.
“You harm economic growth by imposing too many rules and regulations,” said John Pecman, who served as Competition Commissioner from 2013 to 2018. (He is now a senior business adviser at Fasken Martineau DuMoulin LLP, but said he was speaking for himself, not his firm.)
Some regulations being imposed and discussed by U.S. and European regulators, he said, focus on prohibiting some conduct without a chance for review. But “that’s not what competition laws are designed to do,” Mr. Pecman said. “They’re designed to protect the process, not to coddle small players so they can grow.”