Canada: Implemented Amendments to Canada's Competition Act including anti-competitive agreements regulation

On 23 June 2023, amendments to the Canadian Competition Act came fully entered into force, one year after receiving Royal Assent. Regarding the regulation of anti-competitive agreements, the amendments remove the CAD 25 million limit on fines for agreements that contain price-fixing, supply restriction or market allocation. Instead, the fine amounts now will be at the court's discretion.