South Africa: Stiff New Penalties for Price Collusion
The Competition Amendment Bill (South Africa) was signed into law this past weekend. The new legislation will allow directors and managers to be sent to jail for 10 years or receive a fine of 45,000 euros if convicted…
Canada’s Current Fiscal Imbalance
Personal and corporate income taxes, and excise tax revenue are down, with corresponding increases in program expenses. Program expenses in June 2009 were $20.7 billion, up $4.2 billion, or 25.2 per cent, from June 2008. This increase is…