Exam 3: Government Regulation of Business

Any agreement that lessens or has the potential to lessen competition may be reviewed by the Competition Bureau,and the Commissioner of Competition may seek enforcement proceedings before the Competition Tribunal seeking such orders including all of the following EXCEPT

The provisions of the Competition Act relating to anti-competitive practice can be grouped under three main headings.These do not include

To enforce environmental protection laws is no small or easy matter.The enforcement usually involves

The four companies that sell bulk-rate diesel to farmers in the Saskatoon area have consistently moved together (up or down)with the same prices.It has been suggested that they have conspired together to keep prices the same.Might they be prosecuted under the Competitions Act?

On what basis can a merger be approved even though it has been shown that it will substantially lessen competition?

Generally speaking,the conspiracy provisions of the Competition Act do not apply to professionals.

The term or phrase used to describe an area in which both the federal and provincial governments have jurisdiction is

A provincial government is attempting to determine which of three sites in the province might be used to dispose of hazardous waste.In furtherance of this determination,representatives of local municipal governments where the sites are located meet with the provincial environment minister.During the meeting,the largest local municipal government advises the minister that if the site in their area is not chosen,it will ensure that its entire population will vote for the minister in the next provincial election and will contribute heavily to his campaign.A few weeks later,a different site is chosen.In this case,the largest local municipal government

Jack manufactures woollen winter sweaters,which are not selling very well in areas of Canada that have been warmer than usual.In order to improve his sales,George removes the tags from all of the sweaters identifying them as wool,and then sells them as summer sweaters.In this case,George has committed an offence under

Explain horizontal and vertical mergers.

Which of the following statements is true concerning environmental protection?

Bait-and-switch advertising is both a criminal and a regulatory offence.

What is one major problem that is faced by federal,provincial,and municipal governments when it comes to regulating business?

Competitors can in fact enter into an agreement whereby each will discontinue producing a current product.If the efficiencies created for the market by this "specializing agreement" make up for any lessening of competition,the competitors may

The fact that prices among competitors in a particular industry tend to go up or down at the same time and by approximately the same amount does not necessarily mean that there is a conspiracy.

Under contract law,a provision in the contract for restricting trade will be struck down by the court if it

In Canada,agriculture and immigration are:

In appropriate circumstances,a company that has a monopoly can be found guilty of conspiracy under the Competition Act.

In administrative proceedings,what are the overriding principles to be employed?

As a response to high pressure door-to-door sales methods,most provinces have enacted legislation making direct sales contracts non-binding on consumers.A direct sales contract is one in which the contract is formed