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- The title may give people the wrong idea; Bill C-56 won’t directly lower grocery bills. As Commissioner of Competition Matthew Boswell said to the Senate committee, the reform aims to make the economy more competitive. While competitive markets should lead to lower prices, it’s neither automatic nor immediate.
theconversation.com/canadas-competition-laws-just-changed-heres-what-you-need-to-know-220020Canada’s competition laws just changed: Here’s what you need ...
The Bureau’s report concluded that property controls can limit competition from new grocers and therefore deny consumers from the benefits of lower prices, greater choice, and increased levels of innovation.
- Transformative Change: Your Guide to Canada’s Breathtaking
The Bill C-59 amendments, when considered in combination...
- Transformative Change: Your Guide to Canada’s Breathtaking
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.
Dec 18, 2023 · When first tabled in September 2023, Bill C-56 proposed to amend the Competition Act (the Act) to introduce a formal market studies power, expand the civil collaborations provision to include vertical agreements and repeal the efficiencies defence for mergers.
Dec 20, 2023 · From the Rogers-Shaw merger to the concentrated grocery sector and record fines for bread price-fixing, just about everyone agrees it’s time to improve our competition law. The wait is over.
- Jennifer Quaid
Sep 15, 2023 · The federal government is taking aim at high food prices with sweeping changes to the Competition Act that target large grocery chains, and is threatening them with tax measures if food prices...
Dec 5, 2023 · The Bill C-59 amendments, when considered in combination with the Bill C-56 amendments and the 2022 amendments in Bill C-19, represent massive changes to Canada’s competition law regime — far and away the most significant changes since the “Stage Two Amendments” in 1986.
People also ask
What changes have been made to the Competition Act in 2022?
How can governments improve competition in the grocery industry?
When will the Competition Act be modernized?
How will a 3rd amendment help stifle competition in the grocery industry?
Does Canada need more grocery competition?
Are Canadians feeling the pinch on grocery prices?
Jun 27, 2023 · Actions to increase competition would encourage lower prices and more choice for Canadians. June 27, 2023 – GATINEAU, QC – Competition Bureau Grocery prices have increased at their fastest rate in more than 40 years, and Canadians are feeling the pinch.