meaning of Canadian Competition Act

Canadian Competition Act meaning in Law Dictionary

federal law that governs business practices in Canada. The Canadian Competition Act includes criminal and civil provisions intended to prevent anti-competitive practices in the marketplace.


Canadian Competition Act meaning in Business Dictionary

A federal law designed to avoid monopolies that regulate Canadian business techniques. It really is enforced because of the Canadian competitors Bureau, which oversees mergers, trade, and trade techniques that concern business competition. Like United States Antitrust Law, the Canadian Competition Act ensures customers have actually competitive items and rates.