March 19, 2018 – OTTAWA, ON – Competition Bureau
You receive a personalized letter indicating that you have won millions of dollars. The letter seems authentic and official – it may even include an official-looking seal, approval number or barcode. All you have to do to claim your winnings is to pay a “processing fee” which may be as low as $20. The letter urges you to act immediately. Your winnings are waiting for you! You’re instructed to send your cash, credit card or money order in the pre-addressed reply envelope provided.
Shopping for good deals online? Here’s the real deal: online purchase scams cost Canadians more than $13 million in 2017. From subscription traps, to counterfeit goods, to vendors that vanish out of thin air, shopping online must be done with a certain degree of caution.
Today marks the beginning of the 14th annual Fraud Prevention Month, an education and awareness campaign that aims to help you recognize, reject and report fraud.
The Competition Bureau has reached a consent agreement with Enterprise Rent-A-Car Canada Company (Enterprise) to correct what the Bureau concluded were misleading advertisements. Enterprise will pay a penalty of $1 million and review its practices to ensure that its advertisements comply with the law.
The Competition Bureau worked cooperatively with Leon’s and The Brick to reach an agreement regarding concerns over its advertising of financing plans. This agreement brings an end to the legal proceedings launched by the Bureau.
As part of its commitment to keep pace with emerging issues in the digital economy, the Competition Bureau published a report today summarizing key competition policy and enforcement themes related to big data.
Whether trying to catch up on holiday bill payments or dealing with an unexpected life event, most Canadians would agree: struggling with debt is not what they are looking forward to in 2018.
The Competition Bureau welcomes today’s decision by the Federal Court that paves the way for Canadian retailers to offer discounts on e-books to consumers. The Court rejected an application by Kobo, Canada’s largest e-book retailer, to challenge agreements the Bureau reached with major e-book publishers.
