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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. The guide is not a legal document and does not ...
- Important amendments to the Competition Act come into effect
For more information about the amendments and their impact,...
- Significant changes to strengthen the Competition Act become ...
On June 20, 2024, important changes to the Competition Act...
- The Competition Bureau invites Canadians to learn more about ...
The amendments to the Competition Act are part of the...
- Implementing changes to the Competition Act
Video length: 1 minute, 04 seconds. The Government of Canada...
- Important amendments to the Competition Act come into effect
- News release
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Important amendments to the Competition Act became law today, strengthening the Competition Bureau’s ability to protect Canadian consumers, businesses and workers from anti-competitive conduct.
June 24, 2022 – GATINEAU, QC – Competition Bureau
Competition Bureau will host public information sessions and publish updated guidance for businesses
Important amendments to the Competition Act became law on June 23, 2022, strengthening the Competition Bureau’s ability to protect Canadian consumers, businesses and workers from anti-competitive conduct.
Notably, these amendments:
•increase maximum fines and penalties for those who break the law;
"The amendments coming into effect are an important step in modernizing Canada’s competition law and building a more competitive Canadian economy. The Competition Act applies to all businesses operating in Canada. Going forward, the Competition Bureau will ensure businesses have clarity on how to comply with the law, and predictability with respect to the Bureau’s enforcement of the new provisions."
Matthew Boswell
•The amendments to the Competition Act are part of the Government of Canada’s Budget Implementation Act, 2022 (Bill C-19), which was enacted on June 23, 2022.
The Competition Bureau will actively participate in the Government of Canada’s ongoing review of the Competition Act to further modernize and improve its operation, to the benefit of all Canadians.
•Guide to the 2022 amendments to the Competition Act
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. These changes strengthen provisions related to merger control, deceptive marketing practices, anti-competitive agreements, and harm to competition where a business refuses to deal with another business.
Dec 18, 2023 · Interestingly, this new example was not one of the changes to the Act recommended by the Competition Bureau (Bureau) — likely for many good reasons (e.g., undermines/diminishes incentives to invest, innovate and compete; institutional inability to define when a price is excessive; and challenges in crafting a remedy).
Video length: 1 minute, 04 seconds. The Government of Canada recently made significant changes to the Competition Act as part of its efforts to modernize Canada’s competition laws. These important changes have strengthened the Competition Bureau’s ability to protect and promote competition for the benefit of both consumers and businesses.
Jun 24, 2022 · The Competition Bureau has released a guide to the 2022 amendments, which shares the enforcer’s perspective on the most important changes. The Bureau has also indicated it will host public online information sessions in the coming weeks to further inform stakeholders about the amendments and will be reviewing and updating the Bureau’s enforcement guidance.
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Aug 4, 2022 · The amendments to the Competition Act are part of the Government of Canada’s Budget Implementation Act, 2022 (Bill C-19), which was enacted on June 23, 2022. The Competition Bureau will actively participate in the Government of Canada’s ongoing review of the Competition Act to further modernize and improve its operation, to the benefit of all Canadians.
