The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
365 Bay Street, Suite 200  ·  Toronto, Canada
416 360 2800  ·  info@agmlawyers.com  ·  www.thelitigator.ca

Bureau clears National Oilwell Varco’s acquisition of Robbins & Myers

The Bureau announced that it does not intend to challenge National Oilwell Varco’s acquisition of Robbins & Myers. National and R&M provide products, including motor components and blowout preventers, and other services in the oil, gas and extraction industry. The Bureau’s preliminary review focused on National and R&M’s competitors in various product categories. The Bureau considered North America as the relevant geographic market for each of the product categories.

Although National and R&M’s combined market shares were found to be high, the Bureau determined that a substantial lessening or prevention of competition was unlikely, post-acquisition, as a result of various factors, such as the countervailing power held by large customers, the strength of remaining competition, and limited concerns with barriers to entry.

Read the Bureau’s press release.

Masiel A. Matus
Affleck Greene McMurtry LLP

Masiel A. Matus

Masiel has a broad commercial litigation practice and represents both national and international clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, contract disputes, shareholder disputes, fraud, breach of fiduciary duty, breach of trust, employment matters and defamation claims.

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