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    Friday
    Mar212014

    Competition Bureau Reaches Consent Agreement in Loblaw/Shoppers Deal

    DateFriday, March 21, 2014 at 2:30PM

    Agreement requires the selling of certain stores and behavioural restrictions

    March 21, 2014 — OTTAWA, ON — Competition Bureau

    The Competition Bureau announced today that it has reached a Consent Agreement with Loblaw Companies Limited (Loblaw) to remedy competition concerns related to its proposed acquisition of Shoppers Drug Mart Corporation (Shoppers). The Consent Agreement will require the sale of 18 retail stores, and 9 pharmacies within a Loblaw store to an independent operator. It also contains certain behavioural restrictions on Loblaw programs and agreements with suppliers.

    Complete decision with list of stores to be divested:

    AuthorAdmin | CommentPost a Comment |

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