Competition Bureau to investigate Applied Systems
The Competition Bureau has obtained a court order to advance a civil investigation into alleged anti-competitive conduct by Applied Systems and its affiliates, including Applied Systems Canada.
The order, granted by the Federal Court of Canada on November 14, 2023, requires Applied Systems Canada to produce records and written information that are relevant to the Bureau’s investigation.
The Bureau requires information to determine if the alleged conduct is harming competition in Canada’s insurance technology (insurtech) industry. This includes examining certain practices that may impede insurtech firms from supplying competing products and services to insurance brokerages and brokers in Canada.
The Bureau is investigating whether Applied Systems is engaging in conduct contrary to the restrictive trade practices provisions of the Competition Act, including the abuse of dominance provision.