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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.
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.
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.
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 ”).
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.
Dec 5, 2023 · It would amend section 90.1 of the Act — the non-criminal provision governing competitor agreements — to include agreements and arrangements that are not between competitors where a “significant purpose” is to prevent or lessen competition substantially. [5]
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Jun 21, 2024 · This article briefly summarizes the three waves of amendments, and sets out the current state of play of Canadian competition law – including new rights for private parties to bring applications directly to the Competition Tribunal (the Tribunal), strengthened greenwashing provisions, new prohibitions on wage fixing and no-poach agreements, and ...