Archived — Competition Bureau clears Shaw's acquisition of Canwest
OTTAWA, August 13, 2010 — The Competition Bureau announced today that it has concluded that it will not challenge Shaw Communications Inc.'s proposed acquisition of the over-the-air and specialty television businesses of Canwest Global Communications Corp.
Canwest and certain of its subsidiaries had previously filed for creditor protection under the Companies' Creditors Arrangement Act. Shaw is a broadcast distribution undertaking, while its affiliate, Corus Entertainment, is a broadcasting company. Canwest owns and operates an over-the-air television network and an extensive portfolio of specialty television channels.
Following a significant review, the Bureau has concluded that this transaction would not likely give rise to a substantial lessening or prevention of competition having regard to a number of factors, including effective remaining competition, the effect of the regulatory environment, and a lack of relevant competitive concerns on the part of market participants. In particular, with respect to the impact on advertising, the Bureau concluded that there were numerous alternative options available to advertisers.
Mergers in Canada are subject to review by the Competition Bureau under the Competition Act to ensure that they will not result in a substantial lessening or prevention of competition.
The Competition Bureau is an independent law enforcement agency that contributes to the prosperity of Canadians by protecting and promoting competitive markets and enabling informed consumer choice.
For media enquiries, please contact:
For general enquiries, please contact:
Toll free: 1-800-348-5358
TTY (hearing impaired): 1‑866‑694‑8389
- Date modified: