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Federal Laws and Gasoline PricesThe Competition ActThe Competition Act (1985) is Canada's antitrust legislation. The purpose of this Act is to maintain and encourage fair competition in Canada. The Competition Bureau, an independent law enforcement agency, is responsible for administration and enforcement of the Competition Act. Its role is to promote and maintain fair competition so that Canadians can benefit from competitive prices, product choice and quality services. The Competition Act contains provisions to prevent price fixing, price maintenance and abusive behaviour by any firm in the gasoline and other petroleum products market which results in the lessening of competition. Under the Competition Act, it is illegal for gasoline retailers to:
Under the Act, gasoline wholesalers are prohibited from:
The Emergencies ActThe Emergencies Act (1985) empowers the Government of Canada to adopt special and temporary measures to ensure safety and security during a national emergency. A national emergency is one that seriously endangers the life, health or safety of Canadians or seriously threatens the ability of the Government of Canada to preserve sovereignty, security and territorial integrity of Canada. In the event of such an emergency, the Government of Canada reserves the right to control or regulate any specified industry or service (and its equipment, facilities and inventory), including the oil and petroleum products market. Related LinksCompetition Bureau Canada |
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