Melanie Aitken, commissioner of competition at Canada’s Competition Bureau, says the enforcer plans to close four of its legacy cartel cases by 1 April if there is no further progress in the investigations. Ron Knox in Vancouver
Canadian foam manufacturers became the first companies convicted under the amended conspiracy provisions in Canada's Competition Act last week when they were hit with a C$12.5 million (€9.7 million) fine for operating a cartel.
Antitrust agency heads from the US, Canada and Mexico met in New York on Monday to discuss policy issues and cement co-operation between the four authorities
A securities hearing looking at The Maple Group’s proposed CA$3.7 billion (€2.7 billion) acquisition of TMX Group, operator of the Montreal and Toronto Stock Exchange, has heard views that the bid could significantly reduce competition in Canada’s financial market.
Canada’s Competition Bureau has filed charges against six sewer services companies and five individuals for allegedly fixing the price of service contracts in and around Montreal. One company pleaded guilty to the charges earlier this week.
Competition authorities in four continents are improving leniency programmes and introducing harsher individual penalties to combat cartels, said a panel at the GCR Live Law Leaders Conference in Brussels today. Katy Oglethorpe in Brussels
Rakuten, one of world’s largest e-commerce sites, has announced it will buy Canada’s Kobo for US$315 million, giving it control of the country’s largest electronic book and book reader retailers.
A completed merger between two Canadian waste disposal companies may still be unwound, after a preventative motion was rejected by the country’s Competition Tribunal last week.
Canada’s final draft of its new merger guidelines, released on Friday, differ from last spring’s draft guidelines in subtle but important ways, according to an analysis of the changes provided to GCR.
Critics of criminal penalties for price fixing on Friday questioned whether Canada should follow the example set by the US and sentence executives involved in cartels to lengthy stays in prison. Ron Knox in Gatineau