Competition Bureau Seeks Comments On Draft Merger Remedy Bulletin

OTTAWA, October 19, 2005 — The Competition Bureau today issued its draft Information Bulletin on Merger Remedies in Canada for public comment.  This document describes how the Bureau will seek, design and implement remedies to resolve competition concerns arising from a merger.

The draft bulletin reflects the Bureau’s approach to remedies, notably, requirements for short divestiture deadlines, no minimum price provisions and, when necessary, crown jewels. 

Interested parties are invited to provide comments and/or suggestions on the information bulletin by January 20, 2006.  These can be submitted by e-mail, fax, or regular mail. Submissions will be made available to the public and posted on the Bureau's Web site, except where confidentiality is specifically requested. The Competition Bureau will review the comments received and subsequently publish a final document.

The Competition Bureau is an independent law enforcement agency. We contribute to the prosperity of Canadians by protecting and promoting competitive markets and enabling informed consumer choice.

To submit commentary, please send to:
Mr. Terence Stechysin
Fax: 819-997-5158
E-mail: stechysin.terence@cb-bc.gc.ca
Mailing address:
Competition Bureau
Place du Portage I
50 Victoria Street
Gatineau, Québec K1A 0C9

For media enquiries, please contact:
Eric Glaude
Communications Advisor
Communications Branch
819-953-9760

For general enquiries, please contact:
Information Centre
Competition Bureau
819-997-4282
1-800-348-5358