Canada: Implemented Amendments to Canada's Competition Act including unilateral conduct regulation
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Description
Implemented Amendments to Canada's Competition Act including unilateral conduct regulation
On 23 June 2023, amendments to the Canadian Competition Act as part of Bill C-19 are implemented, one year after receiving Royal Assent. Regarding unilateral conduct, the amendments increase the maximum sanctions for anti-competitive acts of deceptive marketing pricing and abuse of dominance to the greater sum between (i) CAD 10 million (CAD 15 million for repeat offences) and (ii) triple the amount of benefits derived, or, if this cannot be calculated, 3% of annual worldwide gross revenues.
Original sourceScope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2022-04-07
under deliberation
2022-06-09
under deliberation
2022-06-23
adopted