Archived — New laws for competitor agreements
OTTAWA, March 12, 2010 — 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 Web site, including guidelines about how the new law will be enforced.
The Competition Bureau is an independent law enforcement agency that contributes to the prosperity of Canadians by protecting and promoting competitive markets and enabling informed consumer choice.
For media enquiries, please contact:
For general enquiries, please contact:
Toll free: 1-800-348-5358
TTY (hearing impaired): 1‑866‑694‑8389
- Date modified: