March 26, 2013
Earlier today, the European Commission announced that it has extended its credit default swaps (CDS) investigation to include the International Swaps and Derivatives Association (ISDA). In making the announcement, the Commission said:
March 22, 2013
Earlier today, the Competition Bureau announced that three individuals have been found guilty for their roles in the ongoing Quebec gas price-fixing case (see: Quebec Gas Price-fixers Found Guilty).
March 21, 2013
The American Bar Association has published an updated version of its Frequently Asked Antitrust Questions (see: here). Aside from the fact that the ABA publishes a number of excellent competition/antitrust texts, this one in particular caught my eye as having a new chapter on associations and antitrust – an area I do quite a bit of work in.
March 21, 2013
Earlier today the C.D. Howe Institute published a new “shadow budget” entitled “Prudence and Opportunity: A Shadow Federal Budget for 2013” to coincide with the release of the new Federal budget.
March 21, 2013
In a somewhat unusual but interesting case released yesterday, a U.S. appeals court in Louisiana upheld the ability of Benedictine monks to sell caskets in competition with and more cheaply than state funeral homes (for a copy of the decision see: here).
March 20, 2013
The International Antitrust Law Committee of the American Bar Association has published a new chapter rounding up key antitrust developments in 14 countries in 2012, including Canada, as well as Brazil, Mexico, the United States, Australia, China and India. Canadian developments discussed include mergers (including the Bureau’s revised Merger Process Guidelines and the TMX/Maple merger), abuse of dominance (including the Bureau’s updated Abuse of Dominance Guidelines and TREB real estate board case), cartels (including the first conviction under Canada’s amended cartel rules) and price maintenance (the Visa/MasterCard price maintenance case).
For a copy of the ABA’s chapter see: here.
March 20, 2013
Grant Thornton has published a new white paper on construction fraud in Canada entitled: Construction Fraud in Canada: Understand It, Prevent It, Detect It.
March 19, 2013
Competition/antitrust enforcement agencies in both the U.S. and Canada have been increasing their focus on new media advertising/marketing practices, notably in the mobile space.
In Canada, recent cases and initiatives include the ongoing challenge by the Competition Bureau of Bell/Rogers/Telus for allegedly misleading premium text claims, statements by the Interim Commissioner of Competition that one of the Bureau’s advocacy priorities includes the digital economy and Federal Government and regulatory (CRTC) initiatives to spur increased wireless competition.
In the midst of these Canadian developments, the U.S. Federal Trade Commission has as well recently been increasing its focus on the digital economy, which has updated “Dot Com Disclosures” and a new video several days ago with advertising and privacy law tips for mobile app developers (see: FTC Staff Revises Online Advertising Disclosure Guidelines and FTC Announces Video With Tips for Mobile App Developers).
In Canada, the equivalent to the FTC’s new Dot Com Disclosures are the Competition Bureau’s Internet Advertising Guidelines (Application of the Competition Act to Representations on the Internet), which was last updated back in 2009 (though has not been substantially updated in some years).
The FTC’s new guidance for mobile and other online advertisers, which updates its Dot Com Disclosures released back in 2000, not only explains how advertisers can make sure their products and services are described truthfully online, but more specifically takes smart phone and social media marketing into account.
The FTC’s new .com Disclosures: How to Make Effective Disclosures in Digital Advertising provides a number of best practices for disclosures in mobile ads and highlights the need for advertisers to make those disclosures clear and conspicuous.
Some of the FTC’s tips, many (if not most) of which are also applicable in Canada, include:
Place disclosures [i.e., disclaimers as we call them in Canada] close to claims they qualify in an online ad: Consumers using devices with small screens may miss disclosure hyperlinks that are separated from a claim by text or graphics, so advertisers should be sure to place the link near the relevant information. This is good advice for conventional advertising, and particularly important guidance for advertising using new media (including for Canadian advertisers/marketers).