Acquisition of retail hardware company cleared
The Bureau announced that it does not intend to challenge the proposed acquisition of Paulin and Co. by The Hillman Companies Inc., both of which are suppliers of retail hardware to retail stores in Canada. Retail hardware products include fasteners, such as nuts, bolts, and other related accessories. The Bureau reviewed the transaction and concluded that while Hillman and Paulin held moderate market shares in some markets, competition was unlikely to be lessened for several reasons, including countervailing power held by other retail customers, the likelihood of entry from firms located in the US, and the significant competitors left in ... [more] Full article
Bureau clears RBC’s acquisition of Ally Canada
The Bureau will not challenge Royal Bank of Canada’s acquisition of Ally Credit Canada Limited, ResMor Trust Company, and certain Canadian affiliates. The transaction involves Ally Canada’s business in consumer ... [more] Full article
Pre-merger notification threshold increased to $80 million
The Competition Bureau announced on February 8, 2013, that the pre-merger notification size threshold will increase to $80 million, effective January 12, 2013. The party size threshold remains set at ... [more] Full article
Lights, camera, no action: Bureau clears film distribution deal
Entertainment One Ltd. can wrap up its acquisition of Alliance Films Holdings Inc. after the Competition Bureau issued a “no action letter” on January 3, 2012, indicating that the Commissioner ... [more] Full article