Policy makers around the world are grappling with a rise in the scope and scale of market power across their respective economies. Waking up from an economic approach that allowed for the accumulation of that power, governments are introducing new tools and reviving dormant ones to restore and enhance competition and dynamism. Fair competition, focused on preserving the competitive process and delineating beneficial from harmful competition, is a path forward to reverse the assumptions that led to the current monopoly moment. As international peers experiment with a range of policy tools with fair competition at their core, several paths are available for countries that wish to promote fair competition in their own economies. Learning from these experiments, Canada can incorporate fair competition into its own competition policy as it conducts a review of its competition policy framework. Moving away from a model resulting in limited and uneven enforcement, a framework rooted in fair competition is better suited for addressing the modern market power problem Canada faces.