Parkland Agrees to Divest Gas Stations
Parkland Fuel Corporation has agreed to divest gas stations or exclusive gasoline 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 acquisition of Pioneer 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 ... [more] Full article
Shaw’s Acquisition of WIND Approved
Shaw Communications can complete its acquisition of Wind Mobile following the Competition Bureau’s announcement that it will not challenge the transaction. The Bureau noted that as a result of the ... [more] Full article
Pre-merger Notification Threshold Raised to $87m for 2016
The pre‑merger notification threshold relating to transaction‑size will be $87 million in 2016, up from $86 million last year, the Competition Bureau announced recently. Mergers are only notifiable if three ... [more] Full article
Jam in Office Products Acquisition
The Commissioner of Competition is challenging a proposed merger that he claims would result in the consolidation of 80% of the Canadian office products market under a single banner. In a ... [more] Full article