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2 days ago · Taken together, the reforms represent the most important changes to Canadian competition law since the first version of the Competition Act became law in 1986. 4 The reforms are broad in scope ...
Canadian competition and anti-combines laws since 1889 would go through several different iterations, starting with the Combines Investigation Act, 1910, which replaced the 1889 Anti-Combines Act, eventually leading to the Combines Investigation Act, 1923 and 1937.
After a recap of the 2022 amendments, the following five sections of this paper address the main pillars of the Act: merger review; unilateral conduct; competitor collaborations; deceptive marketing; and administration and enforcement processes.
On May 2, 1889, Canada’s 6th Parliament enacted the first antitrust statute in the industrial world: An Act for the Prevention and Suppression of Combinations Formed in Restraint of Trade, better known as the Anti-Combines Act.
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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
Jul 31, 2023 · The Act has five principal categories of provisions: (a) merger provisions, including pre-merger notification; (b) criminal offences in relation to competition, including provisions dealing with conspiracies/cartels and bid rigging; (c) civil reviewable practices provisions, including those dealing with and non-criminal agreements between ...
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Feb 6, 2006 · The statutory basis of federal competition policy is contained in the Competition Act and Competition Tribunal Act, which came into force on 19 June 1986, replacing the Combines Investigation Act, whose history can be traced to 1889.
