Welcome to the January issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust &
Key Highlights
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While the number of completed merger reviews by the Bureau during COVID-19 remains significantly below 2019 levels, there has been an uptick from the reduced activity levels seen earlier in the pandemic, with an 89 per cent increase in the monthly average of completed merger reviews since the beginning of Q3 2020.
The Governor-in-Council blocked the acquisition ofTMAC Resources Inc. byShandong Gold Mining Co. through the issuance of an order under the Investment Canada Act.The Competition Tribunal has directed that economic experts for the Commissioner and the parties testify concurrently ("hot-tubbing") for the first time in The Commissioner of Competition v.Parrish & Heimbecker, Limited .- Primary industries: mining, quarrying and oil and gas extraction (38 per cent); transportation and warehousing (10 per cent)
- Zero consent agreements (remedies) filed
- 11 transactions received an Advance Ruling Certificate (52 per cent), while 10 transactions received a No Action Letter (48 per cent)
- Primary industries: mining, quarrying and oil and gas extraction (18 per cent), manufacturing (16 per cent), real estate and rental and leasing (14 per cent), finance and insurance (14 per cent), and wholesale trade (seven per cent)
- Three consent agreements (remedy) filed (two per cent)
- 76 transactions received an Advance Ruling Certificate (47 per cent), while 82 transactions received a No Action Letter (51 per cent)
Merger Monitor
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21 merger reviews completed
Annual 2020 Highlights
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161 merger reviews completed
Merger Reviews Completed in 2020, by Primary Industry
Monthly Merger Reviews Completed, 2019 and 2020
Competition Tribunal Protocols
Hot-Tubbing Allowed by Tribunal for the First Time
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On
Enforcement Activity
Bureau Closes Investigation of Postmedia and
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On
Non-Enforcement Activity
Bureau Publishes Highlights from its Digital Enforcement Summit
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On
Investment Canada Act
Government of Canada Blocks TMAC Sale to
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On
Highlights
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Information regarding Investment Canada Act decisions for
Blakes Notes
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For a monthly recap of developments in competition law and foreign investment in
Canada in 2020, see our 2020 versions of Competitive Edge:December 2020 ,November 2020 ,October 2020 ,September 2020 , andAugust 2020 . -
To read more thought leadership insights from the Competition, Antitrust &
Foreign Investment group, please click here. - For the latest legal and business updates regarding COVID-19, visit our Resource Centre.
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© 2020
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