The Competition Bureau signed a Memorandum of Understanding (MOU) with the
Ontario Securities Commission (OSC) on November 25, 2014. The OSC
regulates the capital market in Ontario. Both agencies share a
mutual interest in protecting the public from fraudulent business
practices while maintaining fairness, efficiency and confidence in
the market. Under the MOU, the Competition Bureau and the OSC have
agreed to cooperate in the following areas:
Notification of matters that are of mutual interest or
Assisting in investigations, litigation or other enforcement
Exchanging information and intelligence;
Implementing collaborative opportunities for staff training;
Annual meetings at senior management level to explore further
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Shareholder disputes are among the most common and complex disputes faced by commercial litigators, in-house counsel and corporate advisors. To achieve the best results for your clients, you must have a comprehensive and up-to-date understanding of the panoply of rights and remedies available to shareholders.
The threshold for advance review and Ministerial approval of certain direct foreign acquisitions of control of Canadian businesses under the Investment Canada Act is subject to annual indexing for inflation.
The U.S. Federal Trade Commission (FTC) has announced that it will release tomorrow the annual revisions to the notification and filing fee thresholds of the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Amazon.com.ca Inc. has agreed to pay a $1 million penalty, plus $100,000 in costs, to settle allegations by the Competition Bureau that its practice of advertising savings from a list price contravened the Competition Act's ordinary selling price and misleading email provisions.
Apple and ebook publishers Hachette, Macmillan, and Simon & Shuster have agreed to change how they sell ebooks to settle allegations that they entered into an anti-competitive agreement that reduced price competition by ebook retailers.
On March 29, 2007 the Competition Tribunal denied the Commissioner of Competition’s application under section 100 of the Competition Act to prevent closing of the proposed acquisition of Lakeport Brewing Income Fund by Labatt Brewing Company Limited for a period of 30 days so that the Commissioner could finish her examination.
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