What will the change in the conspiracy provisions do for high gas prices?
High prices are not in and of themselves evidence of illegal cartel activity, in the gasoline or any other industry. The increased criminal penalties and the removal of the need to prove an “undue” effect on competition will serve as a greater deterrent against price-fixing in all industries, including gasoline. The new provision will provide the tools to punish this conduct more effectively when it is uncovered. The Bureau does not hesitate to act when it finds clear evidence that price-fixing has occurred. In 2008, the Bureau uncovered a price-fixing agreement involving gasoline retailers in four communities in Quebec. As of mid-April 2009, several individuals and companies have pleaded guilty. This investigation is ongoing.
