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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
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