The present name came in 1994 when a new Competition Act was passed and the authority restructured.
It was eventually repealed in July 1986 and replaced with the Competition Act.
In Canada, it is an indictable criminal offense under section 45 of the Competition Act.
The company received two accusations of breaching the Competition Act in Canada.
Section 50 of the Competition Act, which criminalized predatory pricing, has been repealed.
This led to the need of a strong legislation to dispense justice in commercial matters and the Competition Act, 2002 was passed.
An aggrieved party may sue the offender for damages under the Competition Act.
The Competition Act also prohibits the abuse of a dominant position in a market.
Shortly beforehand, the Government had embarked on a review of the Competition Act 2002.
To hear actions for damages and other monetary claims under the Competition Act 1998.