July 23, 2015 — OTTAWA, ON — Competition Bureau
The Competition Bureau is currently reviewing Renaud‑Bray’s proposed acquisition of a division of Groupe Archambault to determine whether it will raise competition issues, and is inviting Canadians who wish to share their views regarding this transaction to send their comments via a form on the Bureau’s website.
This process allows the Bureau to gather information to further investigate mergers to determine whether they could have a significant impact on Canadian consumers or businesses.
- On May 19, 2015, Québecor announced that it had agreed to sell the Groupe Archambault retail business to Renaud‑Bray, including 14 Archambault retail stores, the archambault.ca web portal, and Paragraphe, an English‑language bookstore.
- Under the Competition Act, the Bureau has a mandate to review mergers to determine whether they are likely to result in a substantial lessening or prevention of competition.
- The goal of a merger review is to obtain the necessary evidence for careful analysis and consideration before reaching a conclusion as to whether a merger is likely to substantially lessen or prevent competition.
- As part of the Bureau’s normal approach in examining a merger, the Bureau consults with a wide range of industry participants, such as suppliers, competitors, industry associations, customers and industry experts, and considers many different factors, including the definition of the relevant market, the level of concentration, and the level of competition remaining in the market.
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The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.