The Library of Parliament recently published a legislative summary of Bill C-49: An Act to amend the Competition Act
(short title: Price Transparency Act
"Bill C-49: An Act to amend the Competition Act (short title: Price Transparency Act)
was introduced and given first reading in the House of Commons on 9
December 2014. Fundamentally, the bill aims to end geographic price
discrimination, which, according to the government, is one of the key
contributors to the Canada–U.S. price gap for consumer goods."
"The bill gives the Commissioner of Competition the authority to
investigate alleged cases of price discrimination between the two
countries. The Commissioner’s findings, which are to be publicly
reported, must include the apparent reasons for price differences and
shed light on any unjustified differences (...)"
"Bill C-49 received a mixed response from stakeholders following its
introduction and first reading in the House of Commons. According to
media reports, the main criticism of the bill is that it will probably
not be effective in reducing the consumer goods price gap between Canada
and the United States.
The C.D. Howe Institute suggested that the bill might even diminish
competition in Canada by discouraging foreign companies from doing
business in Canada. "
"However, the Retail Council of Canada expressed support for the bill.
It believes that some foreign manufacturers sell their products at a
higher price to Canadian retailers than to U.S. retailers, simply
because they believe that Canadians are willing to pay more for the same
product. The council believes that the bill will identify manufacturers
who practise geographical price discrimination and allow Canadians to
know which ones are treating them fairly."
It is possible to follow the progress of the Bill in Parliament on the LEGISinfo website
Labels: business, commercial and corporate law, consumer law, legislation, Library of Parliament