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Parkland Agrees to Divest Gas Stations

Oakville-20120413-00056Parkland Fuel Corporation has agreed to divest gas stations or exclusive supply agreements in six markets in Ontario and Manitoba, and to abstain from increasing its margins on wholesale gasoline in another two Manitoba markets, in order to resolve the Competition Bureau’s challenge to its of Energy.

The consent agreement follows the Bureau’s first successful in a application, obtained last spring, over concerns that the Parkland-Pioneer merger would significantly lessen competition for consumers in the eight affected markets.

In another first, the parties were assisted by Chief Justice Paul Crampton, who acted as a mediator.

Read the full press from the Competition Bureau here.

Daphne Hooper
Affleck Greene McMurtry LLP

Daphne Hooper

Daphne is a former associate of Affleck Greene McMurtry LLP

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