The Competition Act aims to ensure that:
A)there is no price fixing.
B)there is discriminatory pricing.
C)competition is not cut-throat.
D)mergers of large corporations will restrict competition.

Question

Quizplus · Accepted Answer

The Competition Act aims to prevent price fixing, which is an agreement between competitors to set prices at a certain level. This is done to avoid competition and is therefore detrimental to the goals of the Act. The Act prohibits any agreements or concerted practices that restrict, prevent or distort competition in Canada.

The Competition Act Aims to Ensure That