Tuesday, May 28, 2024 The Competition Bureau is engaging Canadians in preparation for a comprehensive study of competition in the country’s domestic air passenger services. Several recent developments have highlighted concerns regarding the industry’s competitive landscape: The upcoming market study aims to delve into the factors contributing to these issues and to offer recommendations to various government levels to enhance competition in the airline sector. This study will explore ways to facilitate market entry for new competitors and empower consumers to make informed decisions.
The Bureau is currently seeking public input on the draft terms of reference for the market study. Interested individuals are encouraged to submit their feedback by June 17, 2024, through the provided feedback form or by emailing [email protected] . After the consultation period, the Bureau will release the final terms of reference and officially commence the market study.
The final document will outline the process for submitting contributions to the study. Quotes “The airline industry is important to Canadians and the Canadian economy. Since the Canadian population is spread out over vast distances, other modes of transportation may not be feasible replacements for air travel.
More competition in the industry will mean lower prices, better services, and improved productivity.” said Matthew Boswell,.