John Pecman, Commissioner of Competition, announced the Competition Bureau’s first annual Anti-cartel Day, launched as part of the 2014 Fraud Prevention Month campaign. This new initiative is designed to help raise awareness of the negative consequences that cartels have on everyone, and how cartels can be prevented. As part of this initiative, the bureau wants … Read more
The Competition Bureau announced that it has reached a Consent Agreement with Loblaw Companies Limited (Loblaw) to remedy competition concerns related to its proposed acquisition of Shoppers Drug Mart Corporation (Shoppers). The Consent Agreement will require the sale of 18 retail stores, and 9 pharmacies within a Loblaw store to an independent operator. It also contains certain behavioural restrictions on … Read more
John Pecman, commissioner of competition, announced that Matthew Boswell has been appointed to the position of senior deputy commissioner of competition of the Criminal Matters Branch (CMB). Boswell first joined the Competition Bureau in January 2011 as associate deputy commissioner of the CMB as part of a two-year appointment arranged through the Interchange Canada Program. … Read more
The Competition Bureau announced that it has issued a no action letter with respect to Garda World Security Corporation (GardaWorld)’s acquisition by one of its subsidiaries of G4S Cash Solutions (Canada) Limited (G4S). However, our review identified competition concerns relating to armoured car services in Quebec. Therefore, GardaWorld provided the commissioner with a commitment to change certain contracting practices … Read more
On the second annual “2 Good 2 B True Day”, the Competition Bureau and its Fraud Prevention Forum partners are warning consumers and businesses about the Top Two #2G2BT schemes: Internet and Social Media Scams. The bureau (@CompBureau) hosted a Twitter chat between 12:00 p.m. and 1:00 p.m. EDT on March 11 to engage with Canadians about … Read more
As part of the tenth annual Fraud Prevention Month, the Competition Bureau is introducing the Canadian Edition of The Little Black Book of Scams in a free and convenient ebook format. One of the bureau’s most popular publications since its launch in 2012, The Little Black Book of Scams can now be downloaded as an ebook for easy viewing on a … Read more
The Competition Bureau and the Market Surveillance Administrator of Alberta (MSA) announced that they have signed a Memorandum of Understanding (MOU) calling for continued and more defined cooperation between the two agencies. Both the Bureau and the MSA play an important role in ensuring that Alberta energy markets remain competitive. The MOU will assist the … Read more
The Competition Bureau, alongside representatives of the Vancouver Police Department, the Better Business Bureau and Fraud Prevention Forum partners, officially kicked off Fraud Prevention Month by announcing this year’s Top Ten Scams. This year’s event marks the 10th anniversary of Fraud Prevention Month and the bureau’s representative, assistant deputy commissioner Morgan Currie, announced that the … Read more
Following an investigation by the Competition Bureau, Panasonic Corporation (Panasonic) was fined $4.7 million by the Ontario Superior Court of Justice for its participation in a bid-rigging conspiracy. Panasonic pleaded guilty to two counts of bid-rigging under the Competition Act. The full release is available online. Call 819-994-5945.
The Competition Bureau announced that it has approved the sale by Sobeys Inc. of 22 grocery stores to Overwaitea Food Group LP and Federated Co-operatives Limited. These stores are being sold pursuant to an October 2013 Consent Agreement that requires Sobeys to sell a total of 23 grocery stores to remedy the bureau’s competition concerns … Read more
