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Industry committee  I absolutely acknowledge the possibility that if there were no ownership controls, we could have one or two foreign investors who take over large Canadian companies and concentration in the industry would increase. That's the purpose of the Competition Act, to try to prevent that

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  I feel like I've come from the file of horrible examples today, because I actually worked for the Competition Bureau. I was one of their expert witnesses in the Superior Propane case.

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  Yes, I share your concerns. That was a bad decision.

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  I think that clearly the Competition Act has been an improvement over what was there before, which was really no merger provision at all. I think the real issue is fundamentally whether the telecom industry--and in fact then, as my co-panellist has said, the broadcasting industry

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  Yes, I agree, and I tried to make that point before by saying that preserving rural areas and giving them access to technology may not be what the market wants to do because it's not profitable, so we subsidize it because we think it's important. Certainly we think culture is i

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  I don't think the 1970s are today. The broadband world will allow almost anything to be broadcast if there is a small but significant number of consumers. We can go on and on about that, but I won't. Let me say that I agree with you that government policy can contribute to the

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  I don't want to sound flippant in saying this, but I have to say it, because this is a fact; it's true. You made a choice to live in an apartment. You can move to another apartment. You might say this is truly an academic economist just talking complete and absolute nonsense, b

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  There's no doubt about that. I just want to close with one observation. I don't think the committee should be fixated on numbers of competitors. What really matters is the opportunity to enter a market, and it's the threat of competition out there that really motivates the comp

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  Mr. Chairman, I hope you give me a few moments to respond to that. I apologize for not being the best exponent of multiculturalism, as I need to use this translation. Let me tell you an interesting story.

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  I live in Bellingham, Washington, and my wife, who is unfortunately not with me, is fully bilingual. She listens to French radio on Comcast Cable, which is the local cable provider and about as American-owned as you can get. She has access to at least three or four private statio

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  Thank you for your comments, Mr. Braid. If I have said that the record of Canadian telcos in performing R and D was unsatisfactory, I may have misspoken. In point of fact, and I think this is going back to some work that I knew was being done in the 1980s and 1990s, the R and D

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  Would you like me to...?

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  Okay. I'll take a try at the first one. Of course, it's very difficult to say with any kind of confidence, if you change the rules of the game, what's going to happen. It's certainly true that to the extent that there are economies of scale, rural areas are going to have higher

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  There has been a history of evidence on whether foreign ownership affects research and development in the host country. A colleague of mine, Don McFetridge at Carleton, has done a lot of that research. I was alluding to that before in my opening remarks, that if you hold everyth

March 30th, 2010Committee meeting

Dr. Steven Globerman

Industry committee  I would say, with all due respect, the kinds of concerns that Mr. Morrison and Mr. Paradis raised really were concerns that were front and centre in the 1970s and 1980s, when multinational companies operated models much different from the models they're operating today, and I all

March 30th, 2010Committee meeting

Dr. Steven Globerman