Innovation Superclusters Initiative: Competition Bureau issues guidance for participating firms

News Release

What your firm needs to know about collaboration and the Competition Act

July 12, 2017 – OTTAWA, ON – Competition Bureau

The Competition Bureau issued guidance today to firms applying for funding under the Government of Canada’s Innovation Superclusters Initiative.

The guidance, entitled “Innovation Superclusters Initiative and the Competition Act,” clarifies that in the vast majority of cases, collaborative projects under the superclusters initiative will not raise competition concerns.

In fact, collaboration and partnerships can accelerate the pace of innovation and bring new products and processes to market, faster and cheaper. It can also enable organizations to combine technologies and resources, leading to the development of new and better products for the benefit of Canadians and the economy.

However, these collaborative activities must not be used to engage in cartel activity or anti-competitive agreements. To help businesses comply with the law, the guidance recommends a series of best practices, including the implementation of a corporate compliance program.

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