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...
Law360 Names Commissioner of Competition v Rogers Communication Inc., Shaw Communications Inc. and Vidéotron Ltd. the #1 Business Decision of 2023
Law360 has named Commissioner of Competition v Rogers Communications Inc., Shaw Communications Inc. and Vidéotron Ltd. the #1 business decision of 2023. This matter concerned the largest merger in the history of the Canadian telecom industry, valued at C$26 billion. Davies acted for Shaw in the negotiation of the transaction and in the litigation that ensued after it was announced.
Kent Thomson, lead counsel for Shaw in the trial before the Competition Tribunal and appeal before the Federal Court of Appeal, says, “In legal terms, this is the first contested case ever that involves an uncompleted merger transaction… and demonstrates in the clearest way the ability of the FCA and the [Competition] Tribunal to handle high stakes commercial litigation in real time.”
Read the full article on Law360.
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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...