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Top related persons:
Microsoft's - 1 Diane Bartz - 1 Matthew Lewis - 1
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Canada U.S British Washington
Top related orgs:
Canada's Department of Justice - 1 Activision - 1 Microsoft's - 1 U.S . Federal Trade Commission - 1 FTC - 1 Microsoft - 1 Canada Competition Bureau - 1 Activision Blizzard - 1

Search resuls for: "Canada Competition Bureau"


5 mentions found


☆ Canada says Microsoft deal to buy Activision likely to lessen competition
  + stars: | 2023-06-29 | by ( ) www.reuters.com   time to read: +1 min
WASHINGTON, June 29 (Reuters) - Canada's Department of Justice has concluded that Microsoft's (MSFT.O) deal to buy "Call of Duty" maker Activision Blizzard (ATVI.O) "is likely to" lead to less competition in some aspects of gaming, according to a court filing on Thursday. Microsoft has pressed for a decision in the court fight before the July 18 termination date for the deal. "We received notice from the Canada Competition Bureau that it would continue to monitor our acquisition of Activision Blizzard after the formal waiting period preventing the deal to close expired," a Microsoft spokesperson said. Microsoft's bid to acquire the "Call of Duty" videogame maker also faces opposition from British competition authorities. Microsoft's appeal to Britain's Competition Appeal Tribunal is scheduled for July 28.
Persons: Microsoft's, Diane Bartz, Matthew Lewis Organizations: Canada's Department of Justice, Activision, Microsoft's, U.S . Federal Trade Commission, FTC, Microsoft, Canada Competition Bureau, Activision Blizzard, Thomson Locations: Canada, U.S, British, Washington
☆ Canada's Champagne unveils CRTC direction as Rogers-Shaw deal nears final nod
  + stars: | 2023-02-13 | by ( ) www.reuters.com   time to read: +1 min
Feb 13 (Reuters) - Canadian Industry Minister François-Philippe Champagne said on Monday the country's broadcast and telecommunications regulator would focus on improving competition, affordability and consumer rights as part of a new policy direction. Other objectives in the policy direction to Canadian Radio-television and Telecommunications Commission (CRTC) included speeding up new infrastructure for better consumer access and improving service reliability, said Champagne, the Minister of Innovation, Science and Industry. Champagne has previously indicated support for the Rogers-Shaw deal if certain conditions were met. In January, the companies cleared a major hurdle after the Canada Competition Bureau dropped plans to oppose the deal following two defeats in courts. ($1 = 1.3337 Canadian dollars)Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
☆ Rogers-Shaw on cusp of final nod for protracted C$20 bln deal
  + stars: | 2023-01-25 | by ( Maiya Keidan | ) www.reuters.com   time to read: +2 min
The bureau late on Tuesday accepted the verdict of the Federal Court of Appeal (FCA) and said it would not pursue an appeal. Its decision is widely seen as paving the way for the C$20 billion ($14.98 billion) transaction to clear ahead of its Jan. 31 deadline. It now awaits final clearance from Industry Minister François-Philippe Champagne, who has previously expressed support for the transaction if certain conditions are met. The House of Commons industry committee in March said the deal should not proceed, though, its recommendations are non-binding. Rogers-Shaw have agreed to sell Freedom Mobile, a wireless business owned by Shaw, to Quebecor Inc (QBRb.TO) in order to alleviate competition concern.
☆ Rogers-Shaw on cusp of final nod for protracted C$20 bln deal, shares rise
  + stars: | 2023-01-25 | by ( Maiya Keidan | ) www.reuters.com   time to read: +3 min
Its decision is widely seen as paving the way for the C$20 billion ($14.98 billion) transaction to clear ahead of its Jan. 31 deadline. It now awaits final clearance from Industry Minister François-Philippe Champagne, who will be considering the transfer of Freedom Mobile Inc's spectrum license to Quebecor Inc's Videotron unit. "This is essentially a done deal, barring any surprises from Minister Champagne," Aaron Glick, analyst with New York-based investment firm Cowen, told Reuters. The House of Commons industry committee in March said the deal should not proceed, although its recommendations are non-binding. Rogers-Shaw have agreed to sell Freedom Mobile, a wireless business owned by Shaw, to Quebecor Inc (QBRb.TO) in order to alleviate competition concern.
☆ Canada slaps curbs on Rogers' remedy offer to win $14.7 bln Shaw purchase
  + stars: | 2022-10-26 | by ( Divya Rajagopal Dan Whitcomb | Divya Rajagopal | Dan Whitcomb | ) www.reuters.com   time to read: +2 min
Oct 25 (Reuters) - Canada on Tuesday imposed conditions on Rogers Communications' (RCIb.TO) proposed remedy to overcome competition bureau concerns about Rogers' planned C$20 billion ($14.7 billion) purchase of rival Shaw Communications (SJRb.TO). Rogers has offered to sell Shaw's Freedom Mobile unit to Quebecor Inc's (QBRb.TO) Videotron to allay the antitrust bureau's concerns over reduced competition in the Canadian market following the Shaw deal. Canadian Industry Minister François-Philippe Champagne told a media conference on Tuesday that Videotron would be required to hold the Freedom Mobile unit for at least 10 years. Champagne also said the government has formally rejected the wholesale transfer of wireless spectrum license from Shaw to Rogers under the original deal. Canada Competition Bureau has said the sale of Freedom Mobile to Videotron is not sufficient to overcome its concerns about market concentration.
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