It's a great example. I touched on it in the previous question, but it gives me a chance to elaborate on it.
In terms of the 60% threshold—not just in telecommunications, but also in grocery stores—with the massive amount of market share that each of these corporations now hold, if there are any additional mergers, we would see that 60% threshold being hit. The message we're sending with this bill is that, no, that's not allowed. You cannot merge in such a manner that's going to hurt Canadians.
These mergers will be banned outright. It would stop these companies from even considering those type of mergers. I think it's very important, sadly, given how concentrated things are at this point.
As you mentioned in your question, Mr. Masse, there are already such significant concentrations in the telecommunications market that any additional merger would easily hit that threshold. We want to say that, no, that shouldn't happen.
I appreciate, Mr. Masse, you going through the history of all the mergers that New Democrats have opposed. We can see clearly that again and again both Liberals and Conservatives have allowed these mergers to move forward. They have had the opportunity to oppose them and have not. That has been bad for Canadians. That has done injury to Canadians.
That's why I'm putting forward a bill right now that would actually stop this from happening.