Bill C-339
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- ENGLISH
- SUMMARY SUMMARY
- Competition Act Competition Act
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First Session, Forty-fourth Parliament, 70-71 Elizabeth II – 1 Charles III, 2021-2022-2023 |
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HOUSE OF COMMONS OF CANADA |
An Act to amend the Competition Act (efficiencies defence)
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FIRST READING, June 8, 2023
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Mr. Williams |
SUMMARY
This enactment amends the Competition Act to repeal the provision of the Act setting out the “efficiencies defence”, which prevents the Competition Tribunal from making an order against any party to a merger or proposed merger if the Tribunal finds that the merger or proposed merger has brought about or is likely to bring about gains in efficiency that will be greater than the effects of any prevention or lessening of competition that will result or is likely to result from the merger or proposed merger.
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Available on the House of Commons website at the following address:
www.ourcommons.ca
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1st Session, 44th Parliament, 70-71 Elizabeth II – 1 Charles III, 2021-2022-2023 |
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HOUSE OF COMMONS OF CANADA |
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BILL C-339 |
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An Act to amend the Competition Act (efficiencies defence) |
His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
R.S., c. C-34; R.S., c. 19 (2nd Supp.), s. 19
Competition Act
1 The portion of subsection 92(1) of the Competition Act after paragraph (d) and before paragraph (e) is replaced by the following:
the Tribunal may, subject to sections 94 Insertion start and 95 Insertion end ,
2 Section 96 of the Act is repealed.
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Published under authority of the Speaker of the House of Commons
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