Thank you, Mr. Chair.
In the same vein, we recognize that market shares are among the indicators that can and should be used by competition authorities, as are concentration indices. However, I am reminded of what has been clearly stated by the experts who have testified here. I'm thinking in particular of Mr. Edward Iacobucci, legal experts, as well as Mr. Thomas Ross, from the University of British Columbia, a highly recognized economist in the industrial economics of competition.
They began by pointing out that this made the framework too strict for the Competition Bureau, and that this could have counterproductive effects and prevent it from working.
On the other hand, there is the question of establishing a fixed threshold, say at 60%, which could lead to disputes about the threshold itself. For example, one could look at how a market is defined and try to determine whether or not one exceeds the threshold, rather than looking at the consequences of market shares.
In this context, I want to reiterate the fact that nobody likes monopolies and nobody likes to see companies with significant market power. However, the exceptions and pitfalls are enough for us to vote against this motion.