Mar. 27, 2024 - Substantial amendments to the Investment Canada Act (ICA) were enacted on March 22, 2024, with the passing of Bill C-34, the National Security Review of Investments Modernization Act. These amendments, long in the works, will come into effect on a date to be fixed by Cabinet. It...
Davies Advises on Litigation of the Year – Cartel Defence at 2022 GCR Awards
At Global Competition Review’s 12th annual GCR Awards, we were honoured with the “Litigation of the Year – Cartel Defence” award for successfully representing our clients SK hynix Inc. and SK hynix America Inc. against multiple class actions alleging a price-fixing conspiracy in the dynamic random access memory market.
In a result that is exceedingly rare in competition class actions, our litigation team defeated certification in both the Québec Superior Court and the Federal Court of Canada.
The Davies team advising on this case included Sandra A. Forbes, Chantelle Cseh, Nick Rodrigo, Faiz Lalani and Trevor N. May.
Held annually, the GCR Awards celebrate the best in competition enforcement, merger and cartel defence from around the world. This year’s ceremony took place on April 5 in Washington, D.C.
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Mar. 13, 2024 - The Canadian government recently issued two policy statements (IDM Statements) affirming that it will enhance its scrutiny under the Investment Canada Act (ICA) of foreign investments in the Canadian Interactive Digital Media (IDM) sector. One of the statements sets out the...