CANADIAN COMPETITION ACT
A federal law that take control of business system in Canada. The Canadian Competition Act involves civil and criminal provisions bounded to stop anti-competitive actions and procedures in the marketplace. The Act looks to:
- Promote the adaptability and efficiency of Canada's economy
- Expand opportunities for participation in worldwide markets
- Create an economic environment in which small and medium-sized enterprises have equitable opportunities
The Canadian Competition Act give Canadian customers with competitive goods prices and different choices through such means as keeping track of acquisition and merger activity to make sure that any such actions will give an overall advantage to the economy of Canada.
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