Mr. Edward Iacobucci at the Industry, Science and Technology Committee

On May 17th, 2022. See this statement in context.

May 17th, 2022 / 5:15 p.m.

Professor and Toronto Stock Exchange Chair in Capital Markets, Faculty of Law, University of Toronto, As an Individual

I don't know if there'd be enough to give them a sufficient advantage to establish dominance. I don't know nearly enough about the particulars.

However, there is something problematic when some players bear a cost that others don't and that's the result of either faulty regulation or people ignoring regulation. I can't speak to the particulars, but I share your instinct that there's a relationship with competition there.

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