Cartel
Practical Law Canada Glossary 2-594-4786 (Approx. 2 pages)
Glossary
Cartel
A cartel is another term for an illegal conspiracy between competitors (for example, an agreement among competitors to fix prices). Section 45 of the Competition Act makes it a criminal offence for competitors to:
- Fix, maintain, increase, or control the price for the supply of the product.
- Allocate sales, territories, customers or markets for the production or supply of the product.
- Fix, maintain, control, prevent, lessen, or eliminate the production or supply of the product.
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