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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 24, 2022 · 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;
Jun 25, 2024 · The amendments to the Competition Act make important changes that allow the Competition Bureau to address anti-competitive mergers more effectively. This includes: Creating a presumption that a merger is anti-competitive if it significantly increases concentration or market share.
Important amendments to the Competition Act became law on December 15, 2023, following Royal Assent of Bill C- 56, An Act to amend the Excise Tax Act and the Competition Act. The Government of Canada has made these amendments to the Competition Act as a part of the ongoing modernization of Canada’s competition regime.
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.
Nov 7, 2024 · 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, as well as other provisions.
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;
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Apr 13, 2023 · In June 2022, Canada’s federal government enacted a number of changes to the Competition Act (the “Act”) as the first step in a comprehensive review of the country’s competition regime. The Competition Bureau Canada (the “Bureau”) has released a short guide to all of the amendments which summarizes the most important changes.
