Combines Investigation Act
Encyclopedia
The Combines Investigation Act was a Canadian Act of Parliament
, implemented in 1910, passed in 1923 by MacKenzie King, which regulated certain corporate business practices that were anti-competitive. It prohibited monopolies, misleading advertising, bid-rigging, price fixing
, and other means of limiting competition. It was revised in 1952 and amended in 1969 by the Criminal Law Amendment Act, 1968-69. It was eventually repealed in July 1986 and replaced with the Competition Act
.
Act of Parliament
An Act of Parliament is a statute enacted as primary legislation by a national or sub-national parliament. In the Republic of Ireland the term Act of the Oireachtas is used, and in the United States the term Act of Congress is used.In Commonwealth countries, the term is used both in a narrow...
, implemented in 1910, passed in 1923 by MacKenzie King, which regulated certain corporate business practices that were anti-competitive. It prohibited monopolies, misleading advertising, bid-rigging, price fixing
Price fixing
Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand...
, and other means of limiting competition. It was revised in 1952 and amended in 1969 by the Criminal Law Amendment Act, 1968-69. It was eventually repealed in July 1986 and replaced with the Competition Act
Competition Act
The Competition Act is a Canadian federal law governing most business conduct.The Act contains both criminal and civil provisions aimed at preventing anti-competitive practices in the marketplace....
.