Bureau investigates restrictive real estate covenants for grocery stores
Canadian Grocer
Keldon Bester, executive director of the Canadian Antimonopoly Project, welcomed the announcement of an investigation by the Bureau.
“I’m glad to see the office moving quickly,” he said.
The FTC isn’t too happy with Microsoft’s Activision Blizzard layoffs
Polygon
Microsoft reneged on promises it made in court during its Federal Trade Commission antitrust trial in 2023 by laying off 1,900 employees in late January, according to the FTC. FTC lawyer Imad Abyad filed a letter with the U.S. Court of Appeals for the Ninth Circuit on Wednesday, effectively telling on Microsoft. “This newly-revealed information contradicts Microsoft’s representations in this proceeding,” the FTC lawyer wrote.
Competition Bureau investigating use of restrictive property clauses in grocery
City News Everywhere
Property controls also make it more attractive for companies to consolidate as a way of expanding, said Bester.
“If the prime real estate is wrapped up in these kinds of agreements, if a company wants to expand, they are encouraged to buy up and reduce competition,” he said.
Canada’s Antitrust Revolution: A Shift in Global Competition Policies
BNN Bloomberg
The escalating cost of living and the unchecked power of global giants have sparked Canada’s newfound resistance against concentrated economic power.