Search results
Dec 5, 2023 · After more than two years of much talk of Canadian competition law reform but only limited legislative action, on November 28, 2023, the Canadian government took initial steps towards implementing substantial amendments to the Competition Act (the “Act”). If passed, the latest amendments will dramatically broaden certain provisions of the Act, most significantly in relation to civil ...
See Ralph Winter, "The Gap in Canadian Competition Law Following Canada Pipe", Canadian Competition Law Review 27:2 (Fall 2014). See also A New Competition Act for a New Federal Government, Eleventh Report of the C.D. Howe Institute Competition Policy Council, April 28, 2016. Return to footnote 80 referrer. Footnote 81
- News release
- Quotes
- Quick facts
- Related products
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 20, 2023 · Eighteen months after an initial set of reforms was completed in June 2022, and six months after public consultation on the future of competition law, the second phase of reform is coming.
- Jennifer Quaid
Jun 21, 2024 · The final (and most significant) legislative bill in Canada’s current competition law reform process – Bill C-59 – received royal assent on June 20, 2024. Recognizing the critical role of the Competition Act (the “ Act ”) in promoting dynamic and fair markets, Canada’s Minister of Innovation, Science and Industry, the Honourable ...
Feb 15, 2022 · A unique and controversial element of Canadian merger law is the efficiency defence set out in section 96 of the Act. This is a statutory defence applicable to a merger that has been found by the Competition Tribunal (the Tribunal) to be anti-competitive but where the merger-specific efficiencies outweigh the anti-competitive effects of the merger.
People also ask
When will Canadian competition law reform be enacted?
What are the changes to the Competition Act 2022?
What are the new changes to the Competition Act?
Why are Canada's Competition Act Amendments coming into effect?
Should Canada revisit the Competition Act?
What changes have been made to the Competition Act in 2024?
