News release
Important amendments to the Competition Act became law today, strengthening the Competition Bureau’s ability to protect Canadian consumers, businesses and workers from anti-competitive conduct.
Quick facts
•The amendments to the Competition Act are part of the Government of Canada’s Budget Implementation Act, 2022 (Bill C-19), which was enacted on June 23, 2022.
Quotes
"The amendments coming into effect are an important step in modernizing Canada’s competition law and building a more competitive Canadian economy.
The Competition Act applies to all businesses operating in Canada.
Going forward, the Competition Bureau will ensure businesses have clarity on how to comply with the law, and predictability with respect to the Bureau’s enforcement of the new provisions."
Related products
•Guide to the 2022 amendments to the Competition Act
What is competition law in Canada?
Competition law in Canada is set out in a single federal statute, the Competition Act.
Related regulations, guidelines, interpretation bulletins and case law all provide guidance on how the Competition Act is administered and enforced.
What is the Competition Act 2023-09-19?
Act current to 2023-09-19 and last amended on 2023-06-23.
Previous Versions An Act to provide for the general regulation of trade and commerce in respect of conspiracies, trade practices and mergers affecting competition 1 This Act may be cited as the Competition Act.
What is the Competition Act?
The Act contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace .
Along with the Competition Tribunal Act, the Competition Act forms the statutory basis of current federal competition policy in Canada.
When did Canadian competition and anti-combines laws start?
Canadian competition and anti-combines laws since 1889 would go through several different iterations, starting with the Combines Investigation Act, 1910, which replaced the 1889 Anti-Combines Act, eventually leading to the Combines Investigation Act, 1923 and 1937.
