07/18/2019 | Press release | Distributed by Public on 07/18/2019 09:32
July 18, 2019 - OTTAWA, ON - Competition Bureau
Today, competition authorities of the G7 countries and the European Commission released a common understandinghighlighting opportunities and challenges raised by the digital economy.
The rapid pace of digital innovation continually transforms the global economy and brings unprecedented opportunities for businesses and consumers worldwide. The digital economy also raises new questions and challenges from a competition perspective.
Acknowledging that the benefits of the digital economy will be maximized in competitive markets, agreements amongst the G7 competition authorities include: