Canadas New Competition Act
|Event Date/Time: Jun 22, 2009|
These changes could affect the legality of thousands of agreements that are in place or contemplated; examples include joint ventures, R&D agreements, non-competes and dual distribution agreements. The transition period for amending your agreements is short.
Moreover, stakes for non-compliance have gone up, with maximum criminal penalties of up to 14 years in jail and/or $25 million in fines, new administrative monetary penalties of up to $15 million and greater risk of class actions.
The changes also increase the potential cost and timelines of all reviewable mergers â€“ just as the economic conditions are forcing a wave of consolidations.
The Canadian Instituteâ€™s conference on Canadaâ€™s Competition Act goes beyond merely reciting the changes. Youâ€™ll gain insights into what they will really mean to your enterprise, and how to protect yourself and your organization in a cost-effective way.
And with many leading competition practitioners from Canada and the U.S. on hand, as well as three senior officials from the Competition Bureau, this is a great opportunity to find out what you will need to do to bring your practices and business arrangements into alignment with the new regime.