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- The Government of Canada has made amendments to the Competition Act in 2022 as a preliminary phase in modernizing the Canada’s competition regime. The amendments fix certain loopholes in the law, tackle business practices harmful to workers and consumers, increase penalties and access to justice, and adapt the law to today's digital reality.
competition-bureau.canada.ca/how-we-foster-competition/education-and-outreach/publications/guide-2022-amendments-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.
- Guide to the June 2024 amendments to the Competition Act
Important amendments to the Competition Act became law on...
- Guide to the December 2023 amendments to the Competition Act
The Government of Canada has made these amendments to the...
- Changes to the Provisions on Mergers and Restrictive Trade ...
1.1 The purpose of this document. The Competition Act (the...
- Guide to the June 2024 amendments to the Competition Act
Jun 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.
The Government of Canada has made these amendments to the Competition Act as a part of the ongoing modernization of Canada’s competition regime. This guide provides an overview of these changes, including in the areas of market studies, merger reviews, collaborations between firms, and abuse of dominance.
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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
Nov 7, 2024 · 1.1 The purpose of this document. The Competition Act (the Act) has various provisions to protect Canadians from mergers and restrictive trade practices that harm competition among firms. The Act was amended on December 15, 2023, and June 20, 2024. These amendments made changes to the provisions around mergers and restrictive trade practices ...
Dec 18, 2023 · The new changes, which take effect immediately, expand the abuse of dominance provisions further, importing legal concepts into the Act that are not defined in the legislation and have not yet been interpreted by Canadian jurisprudence. This creates significant uncertainty for businesses in Canada.
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Dec 18, 2023 · On December 15, 2023, important amendments to the Competition Act became law, strengthening the Competition Bureau’s ability to promote competition and to prevent anti-competitive mergers and conduct. Notably, these amendments: Create a framework for market studies with information gathering powers;