What does the Competition Bureau of Canada do?
What does the Competition Bureau of Canada do?
The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace. We are a federal institution that is part of the Innovation, Science and Economic Development Canada portfolio.
What is a basic function of the Competition Bureau?
Headed by the Commissioner of Competition, the Bureau is responsible for the administration and enforcement of the Competition Act , the Consumer Packaging and Labelling Act (except as it relates to food), the Textile Labelling Act and the Precious Metals Marking Act .
What does the Competition Act address?
The Competition Act is a federal law governing most business conduct in Canada. It contains both criminal and civil provisions aimed at preventing anti‑competitive practices in the marketplace.
How is a complaint investigated by the competition Bureau?
For complaints under the Competition Act , the information will be examined to determine whether a formal inquiry should be commenced. All inquiries are conducted in private. If an inquiry is opened, the Bureau may contact other customers or competitors to obtain more information.
Who enforces the Competition Act Canada?
The Commissioner of Competition
The Competition Act is a federal law governing business conduct in Canada, and its aim is to promote competition in the marketplace. The Act makes certain activities illegal, such as agreements among competitors to fix prices. The Commissioner of Competition enforces the Act.
Is it illegal to be a monopolist in Canada?
The ability of one company to control prices or exclude competition in a particular market. It is a requirement for the offense of monopolization, which is prohibited under Section 2 of the Sherman Act.
Is monopolization illegal in Canada?
In Canada, like other major jurisdictions like the United States, it is not dominance per se that is prohibited, but rather the abuse of a dominant position. Also, unlike in the United States, Canada does not recognize the concept of attempted monopolization.