The latest development in the Ontario water heater rental saga, the Competition Bureau has announced that it has reached an agreement with Direct Energy Marketing Limited that will both penalize past abuses of market dominance and allay the Bureau’s concerns surrounding potential market re-entry. Direct Energy has agreed to pay an administrative penalty of $1 million, and has made a commitment to the Bureau to establish and maintain a corporate compliance program in the event that the company re-enters the Ontario water heater rental market in the next 10 years. The Bureau alleged that Direct Energy engaged in anti-competitive conduct, ... [more] Full article