New Democratic Party

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For those that seek a future that brings together the best of the insights and objectives of people who, within the social democratic and democratic socialist traditions, have worked through farmer, labour, co-operative, feminist, human rights and environmental movements, and with First Nations, Métis and Inuit peoples, to build a more just, equal, and sustainable Canada within a global community dedicated to the same goals.

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Private Member's Bill C-352 (44-1) - First Reading - Lowering Prices for Canadians Act - Parliament of Canada (www.parl.ca)

submitted 7 months ago by [email protected] to c/[email protected]

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Bill to be voted on Wednesday.

Summary:

This enactment amends the Competition Act to increase penalties for certain anti-competitive acts. It also changes aspects of the review of mergers, including how gains in efficiency and market concentration are taken into account. In addition, it requires the Competition Tribunal to make an order dissolving a completed merger or prohibiting the merger from proceeding if the merger would result in excessive combined market share. The limitation period for the review of mergers is increased from one year to three years. Finally, it amends the Competition Tribunal Act to remove the Tribunal’s ability to award costs against the Crown.

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