Canada's Competition Bureau finds efficiency gains with Canadian National Railway-H&R Transport deal outweigh competition concerns
( April 22, 2020, 13:15 GMT | Official Statement) -- MLex Summary: Canada’s Competition Bureau released information on its merger review of Canadian National Railway’s proposed acquisition of H&R Transport, finding that the deal would likely harm competition, but efficiency gains would outweigh anticompetitive effects. The bureau closed the investigation in November 2019. This was the first review to make use of the bureau’s draft model timing agreement for mergers involving claimed efficiencies.Statement follows in full. Also see document below. ...
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