Archive for May, 2023
May 21, 2023
On June 23, 2023, criminal amendments to the Competition Act will come into force. These amendments were enacted on June 23, 2022, as part of Bill C-19, the Budget Implementation Act, 2022, No.1.
They introduced sweeping amendments to Canada’s federal Competition Act, including significant increases to the civil and criminal penalties, new prohibitions on drip pricing and expansion of private right of access to the Competition Tribunal for abuse of dominance, among other things. For more information, see: Sweeping Canadian Competition Act Amendments Passed.
May 19, 2023
On May 18, 2023, the Competition Bureau announced that it was suing Cineplex Inc. (Cineplex) for allegedly advertising misleading ticket prices (see: Competition Bureau sues Cineplex for allegedly advertising misleading ticket prices).
May 15, 2023
Practical Law Canada Competition, of which I am Lawyer Editor, has published a new Legal Update that discusses the Competition Bureau’s new online Competition Compliance Portal, which replaces its former Corporate Compliance Programs Bulletin.
Below is an excerpt with a link to the full Legal Update.
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This Legal Update discusses the Competition Bureau’s (Bureau) new Compliance Portal, which updates its competition law compliance program guidance from its former Corporate Compliance Programs Bulletin. The Update discusses the Bureau’s new Compliance Portal, key changes from its former compliance program guidance and compliance implications for companies and other organizations that need to comply with Canadian competition laws.
May 3, 2023
On May 2, 2023, Canada’s Globe and Mail published an opinion by Canada’s Commissioner of Competition (Commissioner), Matthew Boswell, arguing that key Canadian consumer markets are highly concentrated and urging for another new round of Competition Act reform.
In this regard, in general, the Commissioner argues that Canada has had a long history of concentration and monopolization in key sectors, including transportation, telecom and banking, and that legislative reform has for the most part resisted increasing competition.