The Competition Act is Canada’s antitrust legislation. The purpose of this Act is to maintain and encourage fair competition in Canada. It regulates trade and commerce activities and monitors trade practices. For example, mergers and acquisitions that can reduce competition are often subject to review by the Competition Tribunal. The Act may be conveniently divided into three principal areas: criminal offences, civil offences and merger regulation.
The Competition Bureau 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 lower prices and product choices.
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