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Jun 25, 2024 · June 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. This guide provides an overview of the most important ...
- Important amendments to the Competition Act come into effect
Competition Bureau will host public information sessions and...
- Significant changes to strengthen the Competition Act become law
On June 20, 2024, important changes to the Competition Act...
- Guide to the 2022 amendments to the Competition Act
Important amendments to the Competition Act became law on...
- Important amendments to modernize the Competition Act receive ...
On December 15, 2023, important amendments to the...
- Important amendments to the Competition Act come into effect
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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
PART I Purpose and Interpretation Purpose. Marginal note: Purpose of Act 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 ...
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. These changes strengthen provisions related to merger control, deceptive marketing practices, anti-competitive agreements, and harm to competition where a business refuses to deal with another business.
The Competition Act (French: Loi sur la concurrence) is a Canadian federal law governing competition in Canada. The Act contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace. Along with the Competition Tribunal Act, the Competition Act forms the statutory basis of current federal ...
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. The guide is not a legal document and does not ...
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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: Expand the scope of the law to restrict more anti-competitive business collaborations.
