Define: Canadian Competition Act

The Canadian Competition Act is designed to promote and maintain fair competition in the Canadian marketplace, prevent anti-competitive practices, and protect consumers from unfair business practices.

The Competition Act prohibits various types of anti-competitive conduct, including price-fixing, bid-rigging, abuse of dominant market position, deceptive marketing practices, and mergers that substantially lessen competition.

Individuals and businesses found guilty of violating the Competition Act may face significant fines, imprisonment, or both. The specific penalties depend on the nature and severity of the offence.

The Competition Bureau, a government agency, is responsible for enforcing the Competition Act. It investigates complaints, conducts inquiries, and takes legal action against individuals and businesses engaged in anti-competitive behaviour.

Under the Competition Act, competitors are generally prohibited from collaborating on pricing, production, distribution, or other business decisions that may reduce competition. However, there are certain exceptions and defences available under the Act.

The Competition Tribunal is an independent adjudicative body that hears cases related to alleged anti-competitive behaviour. It has the power to issue orders, impose penalties, and provide remedies to address anti-competitive conduct.

If you suspect a violation of the Competition Act, you can file a complaint with the Competition Bureau. They have an online complaint form and a toll-free phone number for reporting potential violations.

Yes, individuals and businesses can bring private actions for damages resulting from anti-competitive conduct under the Competition Act. These actions are typically brought in civil courts and require proof of harm suffered as a result of the anti-competitive behaviour.

Yes, the Competition Act provides certain exemptions and defences for specific types of conduct. For example, certain agreements related to intellectual property rights or efficiency-enhancing collaborations may be exempted from the Act’s provisions. It is advisable to consult with legal counsel to determine if any exemptions or defences apply in a particular situation.