No defined limit on AMPs, court says
A recent decision of the Ontario Court of Appeal upholding the Ontario Securities Commission power to impose administrative monetary penalties, or AMPs, of up to $1 million suggests that even higher AMPs provided for in the Competition Act would also be upheld. (The case is Rowan v. Ontario Securities Commission. For a summary of this decision, see How high is too high?) AMPs have become rampant in Canadian legislation in recent years (see Raising the AMPerage). Thus while this decision relates to securities law, it will be of interest to lawyers practising in other areas that provide for AMPs, notably, ... [more] Full article
Court throws the book at “Yellow Page” business directory scam
Four closely related companies operating a business directory scam were ordered to pay an administrative monetary penalty (“AMP”) of $8 million as well as pay restitution to everyone who paid ... [more] Full article
Bureau can share information with foreign authorities, judge rules
Pre-trial rulings in the Competition Bureau's prosecution of David Stucky for an alleged lottery participations and prize promotions scam have held that the Bureau can share information obtained from search warrants with foreign competition authorities, and that public interest privilege cannot be established on a class basis. [more] Full article
The Sears decision: much needed clarification or just spinning our wheels?
On January 24, 2005 , the Competition Tribunal determined that Sears Canada Inc. violated the ordinary selling price provisions of the Competition Act (subsection 74.01(3)).[1] In light of the recent ... [more] Full article