Sherwin-Williams Permitted to Acquire Valspar
The proposed acquisition between two global paint coating companies, Sherwin-Williams and Valspar, was recently given the go-ahead by the Competition Bureau, after a consent agreement was reached between the Bureau and Sherwin-Williams. Initially, the Bureau had determined that the proposed acquisition would likely result in a substantial lessening of competition in the industrial wood coating industry. To address these concerns, Sherwin-Willaims is required under the consent agreement to sell Valspar’s assets related to industrial wood coatings in Canada and the U.S. to Axalta Coating Systems Ltd., a new entrant based in Pennsylvania. [more] Full article
Dry cleaner who contaminated neighbour’s property ordered to pay significant damages
A dry cleaning business was ordered to pay over $1.6 million in damages to remediate a neighbour’s property for environmental contamination. In Huang v. Fraser Hillary’s Limited the plaintiff, a ... [more] Full article
Montreal Company Pleads Guilty to Deceptive Telemarketing
Thompson Hill Publishing, a telemarketing company based in Montreal, pleaded guilty to making false or misleading representations and engaging in deceptive telemarketing. An investigation by the Competition Bureau found that the ... [more] Full article
Mitsubishi Electric Auto Parts Fine Brings Total to $84M
Japanese auto parts manufacturer Mitsubishi Electric has been fined $13.4 million after pleading guilty to participating in illegal agreements with industry competitors to determine who would win certain calls for bids issued ... [more] Full article