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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.
Along with the Competition Tribunal Act, the Competition Act forms the statutory basis of current federal competition policy in Canada. [1] The Act is enforced and administered by the Competition Bureau, and cases are adjudicated by the Competition Tribunal.
1.1 The purpose of this Act is to maintain and encourage competition in Canada in order to promote the efficiency and adaptability of the Canadian economy, in order to expand opportunities for Canadian participation in world markets while at the same time recognizing the role of foreign competition in Canada, in order to ensure that small and ...
Competition policy. The Competition Act is a federal law governing most business conduct in Canada. It contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace. Its purpose is to maintain and encourage competition in Canada in order to:
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.
Competition policy involves ongoing review and development of domestic policies and international trade agreements to encourage competition while promoting efficiency of the Canadian economy. The Competition Act maintains and encourages competition in Canada to promote the efficiency and adaptability of the Canadian economy, expand ...
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What is the statutory basis of federal Competition Policy?
What is the Competition Act?
What is Canada's Competition Policy?
How is the Competition Act administered and enforced?
What is the Competition Act & the Competition Tribunal Act?
What is competition law in Canada?
Oct 4, 2024 · Competition law in Canada is set out in a single federal statute, the Competition Act. Related regulations, guidelines, interpretation bulletins and case law all provide guidance on how the Competition Act is administered and enforced.