Irving Oil Limited pleaded guilty to one count of retail price maintenance in the gasoline industry in Thetford Mines and Sherbrooke (Que.) and will pay a $287,583 fine. The decision to accept this guilty plea was taken independently by the Public Prosecution Service of Canada. The full release is available online. Call 819-994-5945.
As part of its commitment to engage with Canadians on emerging issues, the Competition Bureau has published a draft report on its market study concerning technology‑led innovation in the Canadian financial services sector. Innovative products are often challenged by the rules associated with the old ways of doing business. The draft report contains a number of recommendations for … Read more
Cardinal Ventilation Inc. was fined $375,000 after pleading guilty to one count of bid-rigging related to three condominium development projects in Montréal. Cardinal Ventilation, a company linked to Les Industries Garanties Limitée, admitted that it conspired with competing firms to obtain a ventilation contract by ensuring it offered the lowest bid on the Faubourg St-Laurent … Read more
The Competition Bureau is releasing for comment a revised version of its Immunity Program, the Bureau’s best weapons to combat criminal anticompetitive agreements. The proposed changes to the program include the following: Automatic coverage under a corporate immunity agreement for all directors, officers and employees will no longer be provided. Instead, individuals that require immunity … Read more
Interested parties are invited to provide comments on the Competition Bureau’s proposal to increase the filing fee for merger reviews. The merger filing fee has remained unchanged since 2003. The Bureau is proposing an increase to the fee in 2018 to ensure that it has adequate resources to fulfill its merger review mandate and continue to … Read more
Houmam Al Nashar, estimator for Les Industries Garanties Limitée, pleaded guilty today to one count of bid-rigging related to three condominium development projects in Montreal. Al Nashar agreed to do 50 hours of community service and collaborate with the Bureau as this matter progresses. Al Nashar admitted that he took part in an agreement with representatives of … Read more
The Competition Bureau kicked off the 14th annual International Competition Network Cartel Workshop in Ottawa. This three-day conference, hosted at the Fairmont Château Laurier, was attended by approximately 250 representatives from 50 different jurisdictions around the world. Participants will share insights and best practices on this year’s theme: Combatting Cartels in Public Procurement. John Pecman, Commissioner of … Read more
The Competition Bureau continues to actively review competition concerns related to Pembina Pipeline Corporation’s acquisition of Veresen Inc. despite the parties’ announcement that the transaction closed. The Bureau’s review is focused on the parties’ ethane transportation assets in Canada. The full release is available online. Call 819-994-5945.
The Competition Bureau announced that it has reached an agreement with Superior Plus LP to address competition concerns in the retail sale of bulk propane arising from its proposed acquisition of Canwest Propane from Gibson Energy ULC. The Bureau’s review found that the merger would have led to a substantial price increase for many consumers, including … Read more
As part of its commitment to engage with Canadians on emerging issues, the Competition Bureau has published a white paper on big data for public consultation. The bureau aims to spark a discussion with interested parties on how these challenges can be addressed to support innovation and competition in the marketplace. Interested parties are invited to provide their … Read more
