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Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
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Global | Publication | May 2018
Pursuant to a new regulation made under the Cannabis Act, 2017, S.O. 2017, (the Ontario Cannabis Act), activities respecting industrial hemp will not be regulated pursuant to the Ontario Cannabis Act.
The regulation specifically carves out from the jurisdiction of the Ontario Cannabis Act “a cannabis plant or any part of a cannabis plant whose leaves and flowering heads do not contain more than 0.3% THC w/w.” This low-THC cannabis plant is better known as industrial hemp in the cannabis industry.
As discussed in our previous update, the Ontario Cannabis Act will regulate the sale, distribution, purchase, possession, cultivation, and propagation and harvesting of adult-use cannabis in Ontario and aims to align Ontario with the federal legalization of cannabis anticipated to happen later this year.
While alternative regulations for activities respecting industrial hemp have not yet been provided, according to at least some sources, this new regulation may be “welcome news for many Canadian hemp entrepreneurs” as some may see this as “an opportunity to move forward with CBD.” Perhaps most exciting for industry is the possibility of increased market access (in Ontario at least) for hemp-derived CBD, one of the most highly sought-after cannabinoids, which happens to be plentiful in the industrial hemp plant.
Video
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
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