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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.
Jun 25, 2024 · June 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. This guide provides an overview of the most important ...
3 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 ...
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 ...
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 ...
Dec 18, 2023 · The amendments to the Competition Act are part of the Government of Canada’s An Act to amend the Excise Tax Act and the Competition Act (Bill C-56), which was enacted on December 15, 2023. The Competition Bureau provided a submission in response to the Government of Canada’s consultation on the future of competition policy in Canada in ...
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Jun 21, 2024 · Bill C-59 Rewrites the Competition Playbook. On June 20, 2024, the Canadian federal government enacted Bill C-59, [1] the third transformative piece of competition law reform in the last two years. [2] These laws have significantly transformed the merger review, abuse of dominance, non-merger collaboration and deceptive marketing sections of ...
