CAN CMP Competition Act Changes

Published on: Jun 28, 2024

On Jun. 25, CAN CMP issued guide on Competition act changes.

  • CAN CMP reported significant changes to strengthen Competition act become law.
  • Further, published Guide to the Jun. 2024 amendments to the Competition act.
  • Changes to the Competition act (CAN GVT RSC 1985 c. C-34) strengthen CAN CMP's ability to protect competition and prevent anti-competitive mergers and conduct.
  • Follows CAN GVT Jun. 2024 reported bill C-59 received royal assent, see #192831.
  • Competition Act Changes
  • Changes strengthen provisions on merger control, deceptive marketing practices.
  • Including on discount claims, drip pricing, and environmental claims, greenwashing.
  • Also, anti-competitive agreements, and harm to competition where a business refuses to deal with another business; expand private access to the Competition Tribunal.
  • Prohibited businesses refusing to deal with another business if it harms competition.
  • Effectiveness
  • Changes effective Jun. 20, except private access provisions effective on Jun. 20, 2025.
Regulators
CAN CMP
Entity Types
CNSM; Corp
Reference
PR, Gd, 6/25/2024; ESG; Bill C-34; Citation: CAN GVT RSC 1985 c. C-34;
Functions
Advertising; Compliance; Environment; Financial; HR; Legal; Operations; Tax; Technology; Treasury
Countries
Canada
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
Am
Rule Date
Jun 25, 2024
Effective Date
Jun 20, 2025
Rule ID
217219
Linked to
Rule :192831
Reg. Last Update
Jun 25, 2024
Report Section
International