Marketing Blog Summative: Price-related Representations

..What is the Competiton Act?

The Competition Act is a federal law governing most business conduct in Canada. It contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace.

Its purpose is to maintain and encourage competition in Canada in order to:

• promote the efficiency and adaptability of the Canadian economy
• expand opportunities for Canadian participation in world markets while at the same time recognizing the role of foreign competition in Canada
• ensure that small and medium-sized enterprises have an equitable opportunity to participate in the Canadian economy
• provide consumers with competitive prices and product choices.

  
                                   http://www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/h_00148.html