Hockey Equipment Merger Not Offside
Canadian Tire affiliate FGL Sports’ acquisition of Pro Hockey Life Sporting Goods Inc. is unlikely to substantially lessen or prevent competition in the retail market for hockey equipment, the Competition Bureau has concluded. The Bureau found that the parties were close competitors in the retail market for hockey equipment and goods, but concluded that the merger would only have a modest effect on prices in the relevant markets. The Bureau also concluded that access to competitive terms of supply from key vendors would not constitute a high barrier to entry. This industry will likely remain competitive after the merger, the ... [more] Full article
Pre-Merger Notification Threshold Increased to $82 Million
The Competition Bureau announced on January 20, 2014, that the pre-merger notification size threshold will increase to $82 million, effective immediately following the publication of the Canada Gazette, which is ... [more] Full article
Competition Bureau Clears Life Sciences Merger
Thermo Fisher Scientific Inc. can proceed with its acquisition of Life Technologies Corporation after the Competition Bureau issued a No Action Letter on December 5, 2013, indicating that the Commissioner ... [more] Full article
La Coop fédérée agrees to terminate franchises to acquire Groupe BMR
La Coop fédérée has agreed to terminate franchises in four Quebec towns in order to receive Competition Bureau approval of its acquisition of a minority interest in Groupe BMR (BMR). LCF entered ... [more] Full article