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The Competition Bureau (French: Bureau de la concurrence) is the independent law enforcement agency in charge of regulating competition in Canada, responsible for ensuring that markets operate in a competitive manner.
The Competition Act (French: Loi sur la concurrence) is a Canadian federal law governing competition in Canada. The Act contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace .
The Competition Bureau Canada opened an investigation in 2020 to probe whether the Alphabet-owned search engine giant had engaged in practices that harm competition in Canada's online ads industry.
According to the Competition Bureau, the fine was the highest ever price fixing fine in Canadian history. [15] As a result of the guilty plead, Canada Bread is placed on federal government's list of "ineligible and suspended suppliers" and banned from bidding on any federal government contracts for 10 years. [16]
The Competition Tribunal (French: Tribunal de la concurrence) is the federal adjudicative body in Canada responsible for cases regarding competition laws under the Competition Act. [ 1 ]
In June 2023 the Competition Bureau found the grocery industry was a low-margin business and a modest increase to low margins cannot explain the double-digit food price inflation in Canada. [6] Similarly, an August 2023 Bank of Canada study found no support for the view that inflation is driven by firms exercising market power to increase ...
The Scanner Price Accuracy Code is a Canadian retail voluntary practice managed by the Retail Council of Canada and endorsed by the Competition Bureau. [1] It was introduced in June 2002 [2]: 2 as Canadian retailers were in the midst of updating their point-of-sale systems with barcode readers [1] to "foster consumer confidence" with the new systems. [3]
The Competition Bureau investigated the purchase as a violation of the Competition Act. The Competition Tribunal held that Southam violated section 92 of the Competition Act and ordered the company to sell off one of the papers. The Tribunal found that the newspapers were not in the same market with regards to print advertising markets.