Competition act of canada

  • On 21 September 2023, the Government of Canada introduced Bill C-56 or the Affordable Housing and Groceries Act ("Bill C-56"), broad legislation that includes amendments to the Competition Act that, if adopted, will repeal the efficiencies defense in mergers, expand the scope of agreements and arrangements subject to Sep 27, 2023
1.1 The purpose of this Act is to maintain and encourage competition in Canada Canada who carries on business in Canada or sells products into Canada. R.S. 
The Competition Act contains both criminal and civil provisions aimed at preventing anti competitive practices in the marketplace. Its purpose is to maintain and encourage competition in Canada in order to: promote the efficiency and adaptability of the Canadian economy.

What is the Competition Act & the Competition Tribunal Act?

Along with the Competition Tribunal Act, the Competition Act forms the statutory basis of current federal competition policy in Canada. The Act is enforced and administered by the Competition Bureau, and cases are adjudicated by the Competition Tribunal .


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