GATINEAU, QC, Aug. 7, 2024
/CNW/ - The Competition Bureau is inviting Canadians to provide
comments on its preliminary enforcement approach to competitor
property controls following recent changes to the Competition
Act.
The preliminary guidance outlines our initial interpretation of
how these changes impact our approach to competitor property
controls. This is intended to help Canadians comply with the new
law.
The Bureau is seeking feedback from Canadians who have
experience with competitor property controls, such as tenants,
lessors, and landowners.
Canadians are encouraged to provide feedback on the guidance,
along with bringing other pertinent issues to our attention. The
feedback received as part of the Bureau's consultation on this
guidance will help inform how the Bureau evaluates the competitive
impact of property controls.
Feedback can be submitted until October
7, 2024 through our online feedback form. Each submission
received will be published on the Bureau's website unless the
provider requests that it be kept confidential.
Quick facts
- Competitor property controls are restrictions on the use of
commercial real estate. They can harm competition by marking it
difficult, or even impossible, for businesses to open new
stores.
- The Government of Canada
recently made significant changes to the Competition Act as
part of its efforts to modernize Canada's competition laws.
- In December 2023, important
changes were made to expand the scope of reviewable collaborations
between firms and to strengthen the Bureau's ability to prevent
abuse of dominance.
- More changes to the Act were made in June 2024 that further strengthen the Bureau's
ability to act on competitor collaborations.
- Some of these changes came into effect immediately, while
others do not come into effect until December 2024.
Related products
- Competitor property controls and the Competition
Act
- Guidance Feedback Form
Associated links
- Implementing changes to the Competition Act
- Guide to the December 2023
amendments to the Competition Act
General information:
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The Competition Bureau is an independent law enforcement agency
that protects and promotes competition for the benefit of Canadian
consumers and businesses. Competition drives lower prices and
innovation while fueling economic growth.
SOURCE Competition Bureau