| Competition Bureau Canada | news releases
You arrive home and find an unexpected letter in the mail. Inside, you find a message from a renowned psychic or clairvoyant that reads: “I’ve had a vision of great fortune coming your way.” The letter sounds authentic. It’s even personalized, making it look like it’s been written specifically for you.
| Competition Bureau Canada | news releases
The Competition Bureau today published revisions to its Pre-Merger Notification Interpretation Guideline No. 7. This guideline, along with 14 other Pre-Merger Notification Interpretation Guidelines previously published by the Bureau, assist parties and their counsel in interpreting and applying the provisions of the Competition Act that are relevant to determining whether a transaction is subject to mandatory pre-merger notification.
| Competition Bureau Canada | news releases
Cardinal Ventilation Inc. was fined $375,000 after pleading guilty to one count of bid-rigging related to three condominium development projects in Montréal.
| Competition Bureau Canada | news releases
The Competition Bureau is releasing for comment a revised version of its Immunity Program, the Bureau’s best weapons to combat criminal anticompetitive agreements. Under the Immunity Program, a party may receive immunity from prosecution from the Director of Public Prosecutions if the party discloses to the Competition Bureau an offence not yet detected or provides evidence that warrants a referral to the Public Prosecution Service of Canada. In addition, the party must cooperate with the Bureau and in any subsequent prosecution.
| Competition Bureau Canada | news releases
The Competition Act requires that companies notify the Bureau if proposed mergers, acquisitions and other transactions meet certain thresholds. The Bureau reviews these notifiable transactions to determine if they are likely to substantially prevent or lessen competition. Companies filing a merger notification, or requesting an Advance Ruling Certificate, pay a filing fee.
| Competition Bureau Canada | news releases
Houmam Al Nashar, estimator for Les Industries Garanties Limitée, pleaded guilty today to one count of bid-rigging related to three condominium development projects in Montreal. Mr. Al Nashar agreed to do 50 hours of community service and collaborate with the Bureau as this matter progresses.
| Competition Bureau Canada | news releases
Today, the Competition Bureau kicks off the 14th annual International Competition Network (ICN) Cartel Workshop in Ottawa. This three-day conference, hosted at the Fairmont Château Laurier, will be attended by approximately 250 representatives from 50 different jurisdictions around the world. Participants will share insights and best practices on this year’s theme: Combatting Cartels in Public Procurement.
| Competition Bureau Canada | news releases
The Competition Bureau continues to actively review competition concerns related to Pembina Pipeline Corporation’s acquisition of Veresen Inc. despite the parties’ announcement that the transaction closed today. The Bureau’s review is focused on the parties’ ethane transportation assets in Canada.
| Competition Bureau Canada | news releases
The Competition Bureau announced today that it has reached an agreement with Abbott Laboratories that resolves the Bureau’s concerns related to Abbott’s proposed acquisition of Alere Inc. The agreement will preserve competition in the supply of medical diagnostic testing products in Canada.
| Competition Bureau Canada | news releases
The Court of Quebec sentenced John Dragan, the president of two now defunct Montreal-based mail order businesses (JD Marvel and CDN Mail Order Exchange) to 18 months in prison for deceptive marketing.
