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1.1 The purpose of this Act is to maintain and encourage competition in Canada in order to promote the efficiency and adaptability of the Canadian economy, in order to expand opportunities for Canadian participation in world markets while at the same time recognizing the role of foreign competition in Canada, in order to ensure that small and ...
The Competition Act (French: Loi sur la concurrence) is a Canadian federal law governing competition in Canada. The Act contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace.
Jun 25, 2024 · Important amendments to the Competition Act became law on June 20, 2024, following Royal Assent of Bill C- 59, the Fall Economic Statement Implementation Act, 2023. The Government of Canada has made these changes as a part of its modernization of Canada’s competition regime.
Competition Act (. R.S.C. , 1985, c. C-34) Act current to 2024-06-19 and last amended on 2023-12-15. Previous Versions.
Jun 21, 2024 · With its passage, Bill C-59 implements a number of important amendments into the Competition Act (the “Act”) that will have a significant impact on Canada’s business environment. This bulletin summarizes the key amendments implemented through Bill C-59.
Jun 25, 2024 · On June 20, 2024, important changes to the Competition Act became law that strengthen the Competition Bureau’s ability to protect competition and prevent anti-competitive mergers and conduct.
1.1 The purpose of this Act is to maintain and encourage competition in Canada in order to promote the efficiency and adaptability of the Canadian economy, in order to expand opportunities for Canadian participation in world markets while at the same time recognizing the role of foreign competition in Canada, in order to ensure that small and ...
Jun 21, 2024 · As passed, Bill C-59 amends the Competition Act in the following ways: Expands the merger notification requirements. Extends the limitation period for challenging non-notified mergers and expressly allows the Tribunal to consider the competitive impact of a merger on labour markets.
Jul 8, 2024 · The Bills include amendments that touch on virtually all facets of competition policy in Canada, including, without limitation, merger review, abuse of dominance, criminal cartels, competitor collaborations, deceptive marketing, private rights of action and market studies. All provisions of the Bills are now in force, with the exception of a ...
Important amendments to the Competition Act became law on June 23, 2022. This guide provides an overview of the most important changes to the law in the areas of fines and penalties, business collusion, drip pricing, abuse of dominance, merger review, and evidence gathering during investigations.
