Competition Bureau Clears Burger King-Tim Hortons Merger
Burger King’s purchase of Tim Hortons is unlikely to harm competition because there are many competitors in the fast food industry and low barriers for entry by new competitors, the Competition Bureau announced on October 28, 2014. As the second largest fast food hamburger chain in the world, Burger King operates 300 restaurants in Canada, while Tim Hortons, the largest public-traded restaurant chain in Canada, operates 3,645 restaurants in Canada. [more] Full article
Sale Of 14 Transcontinental Community Newspapers Approved
The Competition Bureau has approved the sale of 14 Transcontinental Media community newspapers. Transcontinental Inc. originally proposed to acquire 74 community newspapers from Québecor Media Inc. To preserve competition and ... [more] Full article
Loblaws and Shoppers Divestitures Approved
The Competition Bureau has approved plans by Canadian grocery giant Loblaw Companies Limited to divest nine in-store pharmacies to Remedy’s Rx, two grocery stores to Metro Inc., and two Shoppers ... [more] Full article
Reynolds Free to Wrap Up Acquisition of NFP
Reynolds Consumer Products, Inc. acquisition of Novelis Foil Products North America Division (NFP) will not lessen or prevent competition substantially, the Competition Bureau concluded recently, even though NFP’s “Alcan” brand competes with Reynolds aluminum foil, and is the leading brand in Canada. [more] Full article