Does the existence of a governmental regulation in an industry affect the determination of a class action?
Ontario, Canada
The following excerpt is from Jeffery v London Life Insurance, 2016 ONSC 5506 (CanLII):
As indicated in McCracken v. Canadian National Railway[14], the existence of governmental regulation in an industry, is a factor that supports a finding in favour of a public interest component. That is because the class action was intended to afford an efficient means to obtain collective redress for a group of individuals complaining about the legality of a particular transaction in a federally regulated company.
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