The message that smart competition regulation promotes innovative markets and supports economic development was delivered by Commissioner of Competition, John Pecman, during the 8th Vibrant Gujarat Global Summit in India this week.
Amazon.com.ca Inc. (Amazon) will pay a $1 million penalty and $100,000 towards the Competition Bureau's costs as part of an agreement resolving the Bureau's concerns with the online retailer's pricing practices on its Canadian website.
The Competition Bureau announced today that it is closing its investigation into concerns of anti‑competitive conduct by Apple related to its contracts with Canadian wireless carriers that sell and market iPhones.
The Competition Bureau participated in a proposed Canadian class action settlement agreement that Volkswagen reached with consumers of certain 2.0 litre diesel vehicles. This settlement, if approved by the courts, will provide buyback and restitution payments to those consumers totalling up to $2.1 billion - one of the largest consumer settlements in Canadian history.
As a result of a Competition Bureau jewellery inspection blitz, a distributor who sold gold-covered plastic earrings as solid gold has corrected the markings, ensuring that consumers at retail stores across Canada and online are provided with accurate information just in time for holiday shopping.
The Competition Bureau has reached an agreement with pharmaceutical wholesaler McKesson Corporation related to its acquisition of pharmaceutical retailer Rexall Health.
Tis the season again! The holiday peak travel season is taking off and if your celebrations involve anything like a family vacation, a romantic escape or a hometown round trip, you're probably already browsing the web, seeking to take advantage of holiday specials.
The Competition Bureau worked with Moose Knuckles, a premium outerwear brand, to reach an agreement regarding concerns over its advertising and labelling of certain parkas that are promoted as Made in Canada. This agreement brings an end to the legal proceedings launched by the Bureau earlier this year.