Lowering Prices for Canadians Act

An Act to amend the Competition Act and the Competition Tribunal Act

Sponsor

Jagmeet Singh  NDP

Introduced as a private member’s bill. (These don’t often become law.)

Status

Report stage (House), as of June 19, 2024

Subscribe to a feed (what's a feed?) of speeches and votes in the House related to Bill C-352.

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends the Competition Act to increase penalties for certain anti-competitive acts. It also changes aspects of the review of mergers, including how gains in efficiency and market concentration are taken into account. In addition, it requires the Competition Tribunal to make an order dissolving a completed merger or prohibiting the merger from proceeding if the merger would result in excessive combined market share. The limitation period for the review of mergers is increased from one year to three years. Finally, it amends the Competition Tribunal Act to remove the Tribunal’s ability to award costs against the Crown.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Industry, Science and Technology Committee, on June 3, 2024

  • Pierre Larouche, Professor, Law and Innovation, Faculty of Law, Université de Montréal, As an Individual
  • Matthew Boswell, Commissioner of Competition, Competition Bureau Canada
  • Antonio Di Domenico, Secretary, Competition Law and Foreign Investment Review Section, The Canadian Bar Association
  • Anthony Durocher, Deputy Commissioner, Competition Promotion Branch, Competition Bureau Canada

Industry, Science and Technology Committee, on June 10, 2024

  • Clerk of the Committee, Ms. Miriam Burke
  • Edward Iacobucci, Professor and Toronto Stock Exchange Chair in Capital Markets, Faculty of Law, University of Toronto, As an Individual
  • Jennifer Quaid, Associate Professor and Vice-Dean Research, Civil Law Section, Faculty of Law, University of Ottawa, As an Individual
  • Thomas Ross, Professor Emeritus, Sauder School of Business, University of British Columbia, As an Individual
  • Keldon Bester, Executive Director, Canadian Anti-Monopoly Project
  • Matthew Hatfield, Executive Director, OpenMedia

Industry, Science and Technology Committee, on June 12, 2024

Industry, Science and Technology Committee, on June 17, 2024