Practical Law Canada – Competition has published a new Legal Update discussing recent Competition Bureau compliance program developments. Below is an excerpt with a link to the full Update.
Featured Update
Practical Law Canada Competition
This Featured Update discusses recent Competition Bureau developments related to competition compliance programs. It provides an overview of competition compliance programs in Canada, recent developments and competition compliance recommendations for companies and other organizations exposed to competition law risk.
Practical Law Canada Competition
Competition law compliance is currently a top priority for the Competition Bureau (Bureau). In general, this is reflected in the Bureau’s strategic planning documents, recent speeches and outreach efforts to companies. See, for example, Competition Bureau: 2015-2018 Strategic Vision (June 2, 2015) (Strategic Vision 2016-2017), 2016-2017 Annual Plan: Strengthening Competition to Drive Innovation (July 28, 2016) (2016-2017 Annual Plan) and Deceptive Marketing Practices Digest, Volume 2 (March 7, 2016) (Deceptive Marketing Practices Digest).
Three of the Bureau’s specific areas of competition compliance focus are the digital economy, procurement and bid-rigging, and small- and medium-sized businesses (SMEs). See 2016-2017 Annual Plan.
Some of the Bureau’s more specific competition compliance efforts over the past few years have included issuing a new Bulletin, Corporate Compliance Programs (June 3, 2015) (Compliance Bulletin), establishing a new Compliance Unit, routinely requiring tailored compliance programs as terms in negotiated settlements and sharing compliance best practices with its international counterparts. See, for example, Announcement, Competition Bureau: Competition Bureau recognized for its commitment to Corporate Compliance (August 9, 2016).
Some of the Bureau’s key recent compliance-related activities are discussed in more detail below. See Key Competition Compliance Developments. (…)
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For the full Featured Update, see: Competition Compliance Programs Continue a Competition Bureau Priority.
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