On March 12, 2010, the Canadian Competition Bureau announced the coming into force of Canada’s new two-track conspiracy regime:
“The Competition Bureau is pleased to announce that amended provisions of the Competition Act relating to competitor collaborations come into force today.
Changes to the conspiracy provision of the Competition Act will allow the Competition Bureau to enforce Canada’s anti-cartel law more effectively against serious offenders: those that agree to fix prices, allocate markets or restrict output. Other forms of agreements that may raise competition concerns will be reviewed under a new non-criminal provision. These changes remove the threat of criminal sanctions for legitimate collaborations to avoid discouraging firms from engaging in potentially beneficial alliances.
The changes were introduced by amendments to the Competition Act that received Royal Assent on March 12, 2009. The coming into force of these particular sections of the Act was delayed for one year to allow businesses time to adjust to the new law.
Businesses are encouraged to learn more about their responsibilities under the amended Act. To assist the public in understanding the changes to the Act, the Bureau has made a variety of resources available on its website, including guidelines about how the new law will be enforced.”
For more information, see: Competition Bureau – New Laws for Competitor Agreements.
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