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ARTICLE · 16 MARCH 2009

Competition Act And Investment Canada Act Amendments Now In Force

Torys
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On February 9, we reported that the federal government had tabled Bill C-10, which, in addition to implementing the government's January 27 budget, would amend the Competition Act in a number of important areas, including merger notification and review, agreements between competitors, and pricing and distribution.

CanadaAntitrust/Competition Law
Jay Holsten
Jay Holsten
Omar Wakil
Omar Wakil
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On February 9, we reported that the federal government had tabled Bill C-10, which, in addition to implementing the government's January 27 budget, would amend the Competition Act in a number of important areas, including merger notification and review, agreements between competitors, and pricing and distribution. For further information, see Torys' C&A bulletin.1

On March 12, Bill C-10 was passed by the Senate and subsequently received royal assent. As a result, the amendments are now in force (other than the changes to the criminal conspiracy provision, which are subject to a one-year transitional period). We expect that regulations and guidance on the interpretation of the new legislation will be issued in the coming weeks and months.

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