Maple and TMX Group have announced that the Canadian Competition Bureau have provided them with a status update on the review of the merger. The Bureau informed Maple and TMX group that it “has provided views and input to the OSC [Ontario Securities Commission] for its consideration relating to the potential impact of the Maple transaction on completion.” The Bureau acknowledged that the OSC’s draft recognition orders may “materially change the regulatory environment” in a way that would mitigate the Bureau’s competition concerns. A decision on the Maple-TMX Group deal will not be reached by the Bureau until the draft recognition order process has been completed. The orders are to be published for public comment, for a 30-day period.
Full content: MarketWatch
Related content: Canada’s Draft Service Standards for Merger Review: Plus Ça Change, Plus C’est La Même Chose? (Sandra Walker, Fraser Milner Casgrain)
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI