The Globe and Mail reported on last week’s announcement by Competition Bureau chief Sheridan Scott that the bureau is more receptive to claims of efficiency benefits (synergies) in its assessments of mergers.
In the case of Superior Propane and ICG, the resultant merger placed 70% of the market into the merged entity, but the companies demonstrated that the synergy savings outweighed the impact on competitive pricing.
70% of the market in the hands of one player? Hmmm.
The Competition Bureau also issued a draft information bulletin 
seeking consultation on the issue of abuse of dominance in the telecom sector. Parties have until December 29 to submit comments.
Could we expect that consolidation of ILECs would be aproved?
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Competition Bureau, mergers, ILEC