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Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence

Randeep Sarai

  • Member of Parliament
  • Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence
  • Liberal
  • Surrey Centre
  • British Columbia
  • Voting Attendance: 67%
  • Expenses Last Quarter: $147,142.20

  • Government Page
Context: House Hansard - 312 - May/9/24
Mr. Randeep Sarai
  • May/9/24 11:45:46 p.m.
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Mr. Speaker, that is a good question. Whenever any banks or any major telecoms merge, the scrutiny is very strict. There is always a review under the Competition Act. Banking regulators and public opinions are even brought into the question. It is only after thorough commitments and signs from such parties do they actually agree in these cases. Many have been rejected or have been pushed back before. In this case, they are being cautious. Currently, in the competition world, our grocery sector is the one that everyone is monitoring very strongly and carefully. In that case, I think we will see the addition of more competition rather than any mergers or reductions.
113 words
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