Competition Bureau seeks feedback on its supplementary guidance regarding abuse of dominance
New bulletin addresses legal amendments that came into force in June 2022
GATINEAU, QC , Oct. 25, 2023 /CNW/ - The Competition Bureau is inviting interested parties to provide feedback on its new Bulletin on Amendments to the Abuse of Dominance Provisions.
The Bulletin was developed to provide preliminary guidance on the Bureau's approach to last year's amendments to the Competition Act. These amendments strengthen the abuse of dominance provisions and help the Bureau to better prevent abuse of market power and protect competition.
The Bulletin is designed to complement the general Abuse of Dominance Enforcement Guidelines.
Interested parties have until December 24, 2023, to provide their feedback via:
the online feedback form, or
by mail at:
Monopolistic Practices Directorate Competition Bureau 50 Victoria Street Gatineau, Quebec K1A 0C9
Each submission received by the Bureau will be published on its website unless the provider specifically requests that it be kept confidential.
The provisions now clearly apply to conduct that is intended to harm competition.
The maximum administrative monetary penalty for an abuse of dominance has significantly increased.
Private parties can now apply to the Competition Tribunal to stop abuses of dominance in certain circumstances.
Under the Act, abuse of dominance occurs when a dominant firm or group of firms in a market engages in a practice of anti-competitive conduct with the result that competition has been or is likely to be lessened or prevented substantially.
The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth.
Voyageur Mineral Explorers Corp. ("Voyageur" or the "Company") is pleased to announce that is has entered into an option agreement (the "Option") with Callinex Mines Inc. ("Callinex"), whereby Callinex may acquire a 100% interest in the Company's...
CGI , one of the largest independent IT and business consulting services firms in the world, has been selected by the UK Government's Home Office as the Technology Delivery Partner for the Emergency Services Mobile Communications Programme (ESMCP)...
PermRock Royalty Trust (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of May 31, 2024, and payable on June 14, 2024, in the amount of...
Highlights:
Acquired and staked ground consolidates the largest felsic volcanic rock package in the Flin Flon Greenstone Belt, the host rock for the majority of the historic copper/gold/zinc/silver VMS mines in the Flin Flon and Snow Lake...
Aramco, one of the world's leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in the Kingdom of Saudi Arabia.
The agreement...
Béné Tipping, the premier digital tipping platform for hospitality service providers, announced the launch of a first-of-its-kind cashless tipping platform that allows employers and customers to team up on tipping. This unique feature fixes the...