Metal merger not anti-competitive, Bureau says
Samuel, Son & Co. Limited can complete its acquisition of Wilkinson Steel and Metals Inc. after the Competition Bureau announced that it does not intend to challenge the deal. Samuel and Wilkinson process, distribute and sell various steel and speciality metals. Samuel operates service centres across Canada and Wilkinson conducts business in Western Canada. The Bureau investigated relevant product segments, including steel plate, flat rolled carbon steel, aluminum and stainless steel. The business activities of Samuel and Wilkinson overlapped in the resale and distribution of unprocessed steel and in the processing of that product into value-added products that are sold ... [more] Full article
Japanese auto-parts maker to pay record $30 million fine for bid-rigging
Yazaki Corporation was fined $30 million after pleading guilty to rigging bids for wire harnesses supplied to Honda and Toyota for the 2005.5 Honda Ridgeline, 2006 Honda Civic and 2006 Toyota ... [more] Full article
Record $5 million bid rigging fine for auto parts maker
The Ontario Superior Court of Justice recently ordered Furukawa Electric Co. Ltd., a Japanese supplier of motor vehicle components, to pay a fine of $5 million after it pleaded guilty ... [more] Full article
Leon’s acquisition of The Brick not anti-competitive, Bureau says
The Bureau announced that it does not intend to challenge the acquisition of The Brick Ltd. by Leon’s Furniture Limited. The Bureau’s investigation revealed that while both parties are incredibly ... [more] Full article