Canada Set to Implement Stringent New Conspiracy Law: Some Words Of Caution For Anyone Doing Business In Canada.

Extract


Canada Set to Implement Stringent New Conspiracy Law: Some Words Of Caution For Anyone Doing Business In Canada.

Overview

Effective March 12, 2010, the new "per se" conspiracy offence under the Competition Act (the "Act") will come into effect. Agreements or arrangements between competitors to fix prices, allocate markets or control production--so-called "naked restraints"--may now result in fines and/or imprisonment even where implementation has not, or would not have, any effect on the level of competition in ...

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