Competition Act
The Competition Act (also known as C-34) is a Canadian federal law governing most business conduct.
The Act contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace.
Its purpose is to maintain and encourage competition in Canada.
Contents |
[edit] The Competition Act
In Canada, the Competition Act[1] is a federal law governing most business conduct in Canada. It contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace.
Its purpose is to maintain and encourage competition in Canada in order to:
-
- promote the efficiency and adaptability of the Canadian economy
- expand opportunities for Canadian participation in world markets while at the same time recognizing the role of foreign competition in Canada
- ensure that small and medium-sized enterprises have an equitable opportunity to participate in the Canadian economy
- provide consumers with competitive prices and product choices.
The administration and enforcement of the Competition Act is done by the Competition Bureau [2] which is also responsible for the administration and enforcement of the Consumer Packaging and Labelling Act, the Textile Labelling Act and the Precious Metals Marking Act.
[edit] See also
[edit] References
[edit] External links
  |
This article about Canadian law is a stub. You can help Wikipedia by expanding it. |
