Canada Renews Attack On United-Air Canada Deal

Law360, New York (August 30, 2011, 3:51 PM EDT) -- Canada's antitrust watchdog lambasted Air Canada on Monday for trying to defend its plans to combine its cross-border operations with United Continental Holdings Inc. with a call to use competition policy to boost a "national champion."

The Canadian Competition Bureau, which is trying to block the carriers' joint venture plans, hit back at the two airlines' claims that the deal had demonstrable pro-competitive effects, arguing in a new filing with the country's Competition Tribunal that Air Canada and United were mischaracterizing the agency's efforts.

Canadian regulators...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.