On May 30, the Competition Tribunal ruled that home improvement retailer Rona Inc. can keep a store it had agreed to sell in order to gain Competition Bureau approval of its acquisition of competitor Réno-Dépot in 2003, because of a “change in circumstances”.[1] Rona’s application was under s. 106 of the Competition Act, a provision that hides numerous interpretive difficulties under deceptively simple language. The Tribunal’s decision is the first interpretation of s. 106 as applied to a consent agreement and contains important comments on a number of interpretive difficulties that s. 106 presents. Background Rona has grown from small ... [more] Full article