Online Canadian Competition Training Course
The increasingly global economy calls for an understanding of legislation and regulations across countries worldwide. For companies conducting business globally, not knowing and adhering to the laws of various countries can result in unnecessary lawsuits, fines, penalties and even imprisonment.
For example, regarding global competition, there exists a web of international laws that present threatening repercussions for both intentional and inadvertent competition-law violations. Fear of such laws and their enforcement can cause companies to forego trying to be innovative and competitive, even if their intentions are entirely legitimate.
It is essential that every company educate employees on the basics of competition law and its enforcement. Training should include basic legal principles, and what problems can occur in the real world in dealings with colleagues, customers, competitors, suppliers and business partners. Employees should be made aware of the importance of compliance with antitrust law, both to your organization's goals and to the free-enterprise system in general, and learn how to avoid violations and civil and criminal penalties. Further, staff members should learn how to recognize potential problems and deal with them appropriately, helping to give your organization the confidence to compete freely and legitimately.
The oldest competition statue in the western world is Canada's Competition Act. Similar to its U.S. counterpart — the "antitrust law" — Canada's competition law differs in several important respects and was amended substantially in 2009.
The Cintas, 45-minute Canadian Competition Law Training Course explains the basic principles of Canadian competition law in easy-to-understand terms. It includes quizzes, news clippings and real-world compliance issues that employees should learn to recognize and respond to appropriately. Topics include:
- Canadian competition law — an overview
- Critical knowledge about your relationships with competitors
- –Market allocation
- –Agreements about quality or quantity
- Understanding “reviewable trade practices”
- –Market restriction
- –Refusals to deal
- –Resale price maintenance
- –Exclusive dealing
- –Tied selling
- What is considered “abuse of dominance”?
- –Price discrimination
- –Predatory pricing
- –Promotional allowances
- A look at merger control and review