ARTICLE
24 October 2007

Competition Bureau Will Not Contest Abitibi-Consolidated/ Bowater Merger

BC
Blake, Cassels & Graydon LLP

Contributor

Blake, Cassels & Graydon LLP (Blakes) is one of Canada's top business law firms, serving a diverse national and international client base. Our integrated office network provides clients with access to the Firm's full spectrum of capabilities in virtually every area of business law.
On July 24, 2007, the Competition Bureau announced that it would not challenge the merger of Abitibi-Consolidated Inc. and Bowater Incorporated. The Bureau considered the competitive impact of the transaction on the markets for softwood lumber, market pulp, wood chips, roundwood/logs, newsprint, and uncoated groundwood paper
Canada Antitrust/Competition Law
Blake, Cassels & Graydon LLP are most popular:
  • within Law Department Performance topic(s)
  • with Senior Company Executives, HR and Finance and Tax Executives
  • in Canada
  • with readers working within the Accounting & Consultancy and Healthcare industries

Article by Brian Facey © 2007, Blake, Cassels & Graydon LLP

Originally published in Blakes Bulletin on Competition Law, September, 2007

On July 24, 2007, the Competition Bureau announced that it would not challenge the merger of Abitibi-Consolidated Inc. and Bowater Incorporated. The Bureau considered the competitive impact of the transaction on the markets for softwood lumber, market pulp, wood chips, roundwood/logs, newsprint, and uncoated groundwood paper. The Bureau’s review of the transaction focused on the newsprint market in Eastern Canada. After consulting with various market participants during the course of its review, including customers, competitors, and industry experts, the Bureau concluded that there were insufficient grounds to challenge the merger.

A copy of the Bureau’s press release regarding the merger can be found at: http://www.competitionbureau.gc.ca/internet/index.cfm?itemID=23 74&lg=e

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More