Lecture Four - LAW525LawoftheMarketplace ClassFour...

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LAW 525  – Law of the Marketplace Class Four Tuesday, September 23, 2008 Dr. Kernaghan Webb Department of Law and Business School of Business Management Ted Rogers School of Management Ryerson University
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Last week– product liability law Products Liability Litigation – recent  developments Regulatory law of post-sale notice and  product recalls in Canada Hazardous Products Act, Reference  Manual, and Quick Reference Guide Ontario Sale of Goods Act Resch/Canadian Tire case Toy Magnets article Sample test questions
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This week -- Competition Law Finish off product liability Discuss Chapter 4 – Competition Law Sample test questions discussion of first mid-term  (September 30, 2008) Discussion of next class
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Organization of Chapter 4 (Comp  Law) Competition Act – selected provisions 1 – 13 Competition Bureau fact pages: 14 - 24 What is the Competition Bureau, fair competition, types of anti  competitive activities, misleading representations, marketing  practices, promotional contests, performance representations,  ordinary price provisions, telemarketing, abuse of dominance,  mergers, refusal to deal Annual Report: 25 – 57  Bureau organizational structure, prosecutions, (immunity  program, alternative case resolution, written opinions), civil  provisions (enforcement actions, acr, written opinions) Scanner Price Accuracy Code: 59 – 69 Appeal Court strikes down Commissioner’s powers ---  70-72 Ordinary price provisions – recent settlements pp. 73 – 
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Competition law – basic  questions What types of business activities are anti- competitive? How does the law address anti-competitive  behaviour? What is competition law? What agency is responsible for administration of  the Competition Act?  How is competition law relevant to business- consumer relations? How can businesses apply competition law as  part of risk management?
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Types of anti-competitive activities (for  quick guidance, see p.14) Price fixing – competitors agreeing on prices misleading representations Deceptive notice of winning a prize Abuse of dominant position that substantially  lessens competition Exclusive dealing/tied selling – when a supplier  requires or induces a customer to deal only, or  mostly, in certain products
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Types of anti-competitive activity (for  quick guidance see p. 14) Refusal to deal so that someone is unable  to carry on business Anti-competitive mergers Pyramid selling Deceptive telemarketing Deceptive marketing practices
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How does law address anti- competitive behaviour? Both federal and provincial government 
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Lecture Four - LAW525LawoftheMarketplace ClassFour...

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