Federal law has made many types of monopolies illegal in Canada.

Name: Federal law has made many types of monopolies illegal in Canada.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. The Competition Act of Canada prohibits agreements, practices or conditions that prevent or lessen competition in the marketplace, including monopolies. Exceptions can exist in some cases where a monopoly is found to be in the public interest, such as for utilities or patents.

Federal Law Has Made Many Types of Monopolies Illegal in Canada