Canadian Competition Act
Canada’s Competition Act is the oldest competition statute in the western world. Its purposes are to promote competition, enhance economic efficiency and strengthen Canada’s status globally.
The Competition Act has four main areas of focus:
Prohibiting agreements between competitors that prevent or restrict competition unreasonably by (a) setting prices or terms, (b) allocating markets or customers, or (c) not doing business with (“boycotting”) certain customers or suppliers;
Reviewing trade practices between suppliers and customers that may have a substantial negative effect on competition (“reviewable trade practices”) such as (a) restricting the sale of a product to a defined market, (b) refusal to deal with a particular customer, (c) resale price maintenance, and (d) “tied selling,” or conditioning the sale of one product on the purchase of another product
Prohibiting abuse of dominance, or using a dominant market position to substantially restrict competition; and
Controlling and reviewing mergers, to prohibit mergers that will prevent or substantially restrict competition.
Criminal and civil penalties for violations of the Act can be severe, and there is no statute of limitations for investigation and prosecution of anti-competitive conduct.
© WeComply/Thomson Reuters
For your convenience, ACC has compiled the following key resources to assist you in your compliance efforts.
For more try searching ACC's online library for
"" Canadian Competition Act
This check card is a printable resource with practical advice for the dos and don'ts of The Canadian Competition Act.
This InfoPAK explores Canadian competition law, examining Canada’s Competition Act and appropriate case law. Canada’s Competition Act is similar in many respects to its U.S. counterpart, the Sherman ...
An overview of the key issues one should consider when operating under the Canadian Competition Act.
This extensive powerpoint outlines competitor agreements, mergers, pricing and distribution agreements, as well as misleading advertising. In both English and French, this will help you decide if ...
This program material discusses in great detail the amendments to the Canadian Competition Act.
An outline of Canada's Competition Act and Investment Canada Act, highlighting new provisions and comparing what has changed with the prior law.
A panel of leading in-house counsel and international enforcement officials engaged in a fast-paced discussion of current antitrust issues that impact multinational companies in today’s increasingly ...
This article discusses Canadian antitrust laws.
Given the increasing prominence given to international cartels and multi-jurisdictional enforcement cooperation, Fasken Martineau has strengthened its capacity to meet this new challenge with the ...
Wolters Kluwer Law & Business
Instantly evaluate differences between jurisdictions with these complimentary multistate survey tools.