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Bill C-56 has two parts. First, a removal of GST charges on new residential rental developments until the end of 2030. [3] Second, the bill proposes three competition-related changes: (1) the Competition Bureau would be able to seek a court order to compel parties to produce information (such as business records or sworn testimony) for a market ...
As of 2012, the Competition Tribunal had adjudicated only six contested merger cases. [4] The vast majority of cases are resolved by the Competition Bureau prior to reaching the Tribunal. [4] In 2015, the Tribunal ruled in favour of the Canadian Real Estate Association in a case brought by the Bureau. [9]
Most branches of the Bureau are headed by a Senior Deputy Commissioner, with directorates that fall under a Deputy Commissioner. [4]In addition to its main operations, the Competition Bureau also jointly manages the Canadian Anti-Fraud Centre (CAFC), in partnership with the Royal Canadian Mounted Police and the Ontario Provincial Police.
In 1985, the conservative government of Brian Mulroney replaced the Combines Investigation Act, 1923, with the Competition Act, which came into effect on June 19, 1986. [1] [7] [2] The provisions in this Act regarding civil mergers, which deal with both horizontal and vertical mergers, replaced the ineffectual Criminal Code provisions under which only a handful of cases were brought between ...
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From 1979 to 1983, Kovacic served as a staffer within the FTC, first within the Bureau of Competition's Planning Office and later as an attorney and advisor to then-Commissioner George W. Douglas. After leaving the FTC in 1983, Kovacic became an associate at the Washington, D.C., office of international law firm Bryan Cave .
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A competition regulator is the institution that oversees the functioning of markets. It identifies and corrects practices causing market impediments and distortions through competition law (also known as antitrust law). [ 1 ]