Considering Climate Concerns in Corporate Merger Review under the Canadian Competition Act: A Policy Perspective

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dc.contributor.advisorFellows, G. Kent
dc.contributor.authorPandya, Margi
dc.date.accessioned2025-01-30T18:25:00Z
dc.date.available2025-01-30T18:25:00Z
dc.date.issued2024-05-29
dc.description.abstractThe pressing nature of the climate crisis, coupled with national climate action plans that are inadequate to restrict global temperature rise to 1.5 degrees Celsius and achieve the targets of the Paris Agreement has led to growing calls for more robust environmental policies (United Nations 2023). This has motivated some competition law scholars to advocate for a ‘green antitrust policy’ to amend competition rules, so they support the achievement of a climate-neutral1 economy (Schinkel and Treuren 2021). The United Nations Framework Convention for Climate Change2 (UNFCCC) recognizes the imperative of climate action. Partly as a result of this kind of acknowledgement policymakers in Europe, US, UK, and Australia are revising their competition laws to facilitate this. As a party to UNFCCC, Canada also has a responsibility to align its policies with its climate commitments of reducing its emissions to net-zero by 2050 (Government of Canada 2022). The absence of regulatory mechanisms to assess the environmental impact of corporate mergers leaves a critical gap in Canada's competition policy framework that can be exploited by companies engaging in climate washing. Despite the acknowledgment by the Commissioner of Competition Bureau (Commissioner), Matthew Boswell, of the potential adverse effects of mergers on both markets and the environment, legislative amendments empowering the Bureau to incorporate environmental concerns remain absent. This paper explores the rationale behind this gap and its implications for Canada's environmental and economic landscape. Specifically, I address the question Should the Canadian Competition Act incorporate climate concerns in its corporate merger review?
dc.identifier.citationPandya, M. (2024). Considering Climate Concerns in Corporate Merger Review under the Canadian Competition Act: A Policy Perspective (Unpublished master's project). University of Calgary, Calgary, AB.
dc.identifier.urihttps://hdl.handle.net/1880/120665
dc.language.isoen
dc.publisher.departmentSchool of Public Policy
dc.publisher.facultyFaculty of Graduate Studies
dc.publisher.institutionUniversity of Calgary
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
dc.titleConsidering Climate Concerns in Corporate Merger Review under the Canadian Competition Act: A Policy Perspective
dc.typeReport
thesis.degree.grantorUniversity of Calgary
ucalgary.scholar.levelGraduate
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