Welcome to the December issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust & Foreign Investment group. Blakes Competitive Edge provides an overview of recent developments in Canadian competition law, including updates on enforcement activity by the Canadian Competition Bureau (Bureau), recent initiatives and key trends.
Key Highlights
- Parliament proposes new significant amendments to the Competition Act (Act) in legislation implementing the Fall Economic Statement
- Debate on Bill C-56 amendments to the Act continues in the Senate
- Debate on Bill C-34 amendments to the Investment Canada Act (ICA) continues in the Senate
- Bureau issues section 11 orders to compel information to advance investigations of Rogers and Applied Systems
Merger Monitor
November 1 – November 24, 2023 Highlights
- 19 merger reviews completed
- Primary Industries: real estate and rental and leasing (21%); retail trade (21%); manufacturing (21%); and mining, quarrying, and oil and gas extraction (16%)
- Nine transactions received an Advance Ruling Certificate (47%), nine transactions received a No Action Letter (47%)
- One transaction abandoned
January – November 24, 2023 Highlights
- 177 merger reviews completed
- Primary industries: manufacturing (21%); mining, quarrying, and oil and gas extraction (16%); real estate and rental and leasing (14%); finance and insurance (10%); retail trade (8%)
- Four consent agreements (remedies) registered
- One judicial decision
- 84 transactions received an Advance Ruling Certificate (47%), 84 transactions received a No Action Letter (47%)
- One transaction abandoned, three transactions resolved through other means.
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