When a sale is not a sale

When a sale is really a “sale” is sometimes an important question in commercial law, but it may also have some importance in the field of competition regulation, particularly when a vendor says its goods are “on sale.”  Canada has regulations governing what it means to offer a “sale” price, and Lori A. Cornwall and Mark C. Katz of Davies Ward Phillips & Vineberg have a review of some recent litigation on the topic.