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

Parkland Agrees to Divest Gas Stations

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

The consent agreement follows the Bureau’s first successful injunction in a merger 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
LLP

Daphne Hooper

Daphne is a former associate of Affleck Greene McMurtry LLP

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