Do you feel this Act is a useful and effective one, or is it just another example of government bureaucracy and over-regulation?

Business Foundations-Competition Act

Discussion

The Competition Act is an important form of government regulation designed to ensure that Canada maintains a healthy level of competition within a variety of different industries and sectors, primarily to protect the interests of consumers.

Do you feel this Act is a useful and effective one, or is it just another example of government bureaucracy and over-regulation?
Explain your response, ideally by referencing some real-world examples.