In the News

Mark Katz Reflects on Competition Tribunal Review Process in Global Competition Review

In an article (available to subscribers) published this week in Global Competition Review, Mark Katz shared his perspectives on the Competition Tribunal’s recent order denying the Competition Bureau’s request to expedite its challenge of Parrish & Heimbecker’s grain elevator acquisition.

“One of the consistent complaints about the Competition Tribunal process, particularly as it relates to merger reviews, is that it quickly took on the trappings of a court proceeding and became too slow, expensive and cumbersome,” Mark said.

Mark noted that the Tribunal has tried to address this issue over the years, including by adopting rules to expedite hearings. But, as this case demonstrates, it will be very reluctant to order an expedited hearing unless both parties agree. As Mark states, “At the end of the day, although there is a recognised ‘need for speed,’ the tribunal’s principal concern must be to ensure the fairness of its process, and particularly for respondents facing the power of the state.”

Related

Disclosure Interrupted: CSA Pauses Climate and Diversity Disclosure Rules

Apr. 28, 2025 - The Canadian Securities Administrators (CSA) is pausing its work on climate-related and diversity-related disclosure rules in order “to support Canadian markets and issuers as they adapt to the recent developments in the U.S. and globally. ” Consistent with the CSA’s recent regulatory shift...

Canada Updates National Security Review Guidelines Amid Trade Tensions

Mar. 06, 2025 - Canada’s Minister of Innovation, Science and Industry (Minister), François-Philippe Champagne, has announced an update to the Investment Canada Act (ICA) National Security Review Guidelines (Guidelines) to expressly include “the potential of the investment to undermine Canada’s economic...

>