Competition Bureau''s Anti-Cartel Day: Helping Businesses Detect and Prevent Price-Fixing and Bid-Rigging
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 03/26/15 -- The Competition Bureau is helping to educate businesses on how to identify cartel activities with new informative videos and web pages to mark its second annual Anti-cartel Day.
Cartels arise when groups of otherwise independent businesses agree to fix prices, allocate customers or markets, restrict production or rig bids. Cartels deprive consumers of the benefits of competition, such as competitive prices, increased product choice and greater innovation.
The Bureau has developed resources to assist businesses and trade associations in recognizing and preventing cartel activity. The videos were made available on the Bureau''s page, channel and its earlier this week, and include:
the on Anti-cartel Day;
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Entitled , the new web pages focus on this sector because it is particularly susceptible to cartel activity. The goal is to encourage companies to do things the right way, the legal way. Healthy competition in a competitive marketplace is good for business, good for consumers and good for the economy.
The Bureau encourages its stakeholders, the business community, its Fraud Prevention Forum partners, and the Canadian public to view and share these resources.
Quick Facts
Quotes
"Cartels are corrosive to a healthy marketplace. Anti-cartel Day is a way for us to raise awareness as to the devastating effects of anti-competitive conduct but also to highlight the benefits of compliance for companies and the individuals managing them."
John Pecman,Commissioner of Competition
Associated Links
The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.
Contacts:
Media Relations
819-994-5945
Information Centre
Competition Bureau
819-997-4282
Toll free: 1-800-348-5358
TTY (hearing impaired): 1-800-642-3844
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Datum: 26.03.2015 - 08:25 Uhr
Sprache: Deutsch
News-ID 1346971
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