| Competition Bureau Canada | news releases
The Competition Bureau is launching two new advocacy initiatives today. We want to learn about opportunities where we can support increased competition through changes to regulations or policies. We are also seeking input on the Bureau’s draft Market Studies Information Bulletin.
| Competition Bureau Canada | news releases
Your company receives a call, an email, or a fax to confirm its address and contact information. You are extremely busy in your small, growing business, so you confirm the information and move on to the next pressing issue. A few weeks later you receive an invoice for online advertising for several hundred dollars from an unfamiliar company. When you call their customer service you are told they have a recording of you agreeing to the services and if you don’t pay, they will send your file to a collection agency. You don’t have time for this, so you pay the invoice and get back to work. After all, online advertising can’t be bad for your business!
| Competition Bureau Canada | news releases
The Competition Bureau announced today that the filing fee for merger reviews will increase from $50,000 to $72,000. The new filing fee will come into effect on May 1, 2018.
| Competition Bureau Canada | news releases
The Competition Bureau announced today that it has reached an agreement with METRO Inc. to address competition concerns in the market for pharmacy distribution and franchising services in certain local markets in Quebec arising from Metro’s proposed acquisition of The Jean Coutu Group (PJC) Inc.
| Competition Bureau Canada | news releases
As the owner of a local business, you are extremely busy. You’ve signed a contract with a supplier to ensure you maintain your supply or service. As your company evolves, it turns out a different supplier would be better suited to meet your needs. However, you quickly realize that your current supplier’s contract includes a clause that locks you in to an excessively long term and includes exorbitant fees should you terminate the contract early.
| Competition Bureau Canada | news releases
Today, the Competition Bureau (Bureau) and the Investment Review Division (IRD) of Innovation, Science and Economic Development Canada (ISED) issued an Administrative Note (Note) to increase transparency on the nature and scope of communications between the two organizations. As part of its mandate, the Bureau reviews transactions to determine whether they could reduce competition in Canada. At times, these transactions are also subject to a separate review by IRD under the Investment Canada Act (ICA) to determine whether they are likely to be of overall economic benefit to Canada. When reviewing the same transaction, the Bureau and IRD communicate with each other to increase the efficiency of their reviews and better deliver on their independent mandates. Sharing information leads to more informed decisions and reduces duplication of efforts. The Note outlines how and what type of information is shared between the Bureau and IRD, and recognizes the limits to this information sharing, based on legal obligations.
| Competition Bureau Canada | news releases
The Competition Bureau (Bureau) and the Spectrum and Telecommunications Sector (STS) of Innovation, Science and Economic Development Canada (ISED) have signed a memorandum of understanding (MOU), which will contribute to improved delivery of their respective mandates and enhanced transparency.
| Competition Bureau Canada | news releases
You don’t need to be the world’s greatest detective or have super strength to join our team of fraud-fighting superheroes. Recognizing, rejecting and reporting fraud is all about being informed: knowledge is power. Add the Bureau’s antifraud resources to your utility belt and stay on guard for unsolicited offers, suspicious calls and products that seem too good to be true – they just might be scams.
| Competition Bureau Canada | news releases
Today, the last accused in a Competition Bureau deceptive telemarketing case, Mr. Randolph Misiurak, was sentenced to two years less a day in jail and three years of probation for defrauding businesses in Canada and the United States.
| Competition Bureau Canada | news releases
The Competition Bureau has published a draft of a new guide to its assessment of efficiencies in merger reviews under the framework set out in section 96 of the Competition Act.
