Jan 31, 2022 | International
The Competition Bureau has approved ProSoils Inc. as the buyer of Blair’s Family of Companies’ retail crop input facility in Lipton, Saskatchewan. This transaction closed on January 28, 2022. In July 2021, the Bureau, Blair’s and Federated Co-operatives Limited (FCL) reached an agreement that required the companies to sell the Blair’s Lipton facility, as well as two nearby anhydrous ammonia facilities, to resolve competition issues related to their proposed joint venture.
January 28, 2022 – GATINEAU, QC – Competition Bureau
The Competition Bureau has approved ProSoils Inc. as the buyer of Blair’s Family of Companies’ retail crop input facility in Lipton, Saskatchewan. This transaction closed on January 28, 2022. In July 2021, the Bureau, Blair’s and Federated Co-operatives Limited (FCL) reached an agreement that required the companies to sell the Blair’s Lipton facility, as well as two nearby anhydrous ammonia facilities, to resolve competition issues related to their proposed joint venture.
The Bureau concluded that the proposed joint venture would likely substantially lessen competition in the retailing of crop inputs (such as fertilizer, crop protection products and seeds). As a result, local growers were likely to face higher prices and lower service quality.
Selling the Lipton facility eliminates the competitive harm likely to result from the proposed transaction.
The Competition Bureau is an independent law enforcement agency that protects and promotes competition for the benefit of Canadian consumers and businesses. Competition drives lower prices and innovation while fueling economic growth.
Dec 23, 2021 | Business
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Memorandum of Understanding (MoU) between Competition Commission of India (CCI) and Competition Commission of Mauritius (CCM) for promotion and strengthening of co-operation in competition law and policy.
Implementation Strategy and Targets
The MoU aims to promote and strengthen cooperation in matters of competition law and policy through exchange of information, sharing of best practices and capacity building initiatives. It is intended to promote mutual co-operation in the areas of technical co-operation, experience sharing and enforcement co-operation. The resultant outcomes would benefit consumers at large and promote equity and inclusiveness.
Impact:
The MoU between CCI and CCM is expected to:
(a) Address anticompetitive restraints that affect international trade;
(b) Improve enforcement of the Competition Act, 2002 by CCI;
(c) Promote understanding of competition policy;
(d) Capacity building;
(e) Bring diplomatic benefits;
Ministry of Corporate Affairs, Competition Commission of India on the Indian side and Competition Commission of Mauritius on the other side would be major beneficiaries in this Memorandum of Understanding.
Background:
Section 18 of the Competition Act, 2002 permits CCI to enter into any memorandum or arrangement with any agency of any foreign country for the purpose of discharging its duties or performing its functions under the Act.
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(Release ID: 1784261)
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Dec 5, 2021 | Business
The Web Marketing Association judges will select the best Voice Skills or Actions in 86 industries as part of their 20th annual Internet Advertising Competition (IAC) Awards. This is the first international award program to judge the exploding use of voice assistants like Alexa skills or Google Actions in branding and advertising. The Competition Website is located at www.iacaward.org and the deadline for entry is January 31, 2022.
“Consumer demand for Internet enabled voice devices continues to explode,” said William Rice, President of the Web Marketing Association. “Brand marketers are recognizing this opportunity and are creating thousands of grand-breaking skills for Amazon Alexa and actions Google Assistant. There are now more than 100,000 Alexa skills alone, up from 1,000 back in June 2016. The IAC Awards will provide clients of interactive agencies and corporate marketing departments the third-party confirmation that their consumers are getting the best creative for their ad dollars. Winning awards is a great way to demonstrate your creative potential.”
Alexa skills are third-party apps you can add to your Alexa account based on your needs and preferences. Google Assistant’s version of these apps are called Google Actions.
The IAC Awards are the first and only industry-based advertising award competition dedicated exclusively to online advertising. This international award program will evaluate all forms of online advertising, including email, page-based ads, online newsletters, mobile apps, Websites, video, social media and now voice skills and actions in 96 industry categories. Entries may be submitted online at http://www.iacaward.org. The deadline for entry is January 31, 2022 and will be judged on creativity, innovation, impact, design, copywriting, and use of the medium.
A complete list of past winners can be found at the IAC Award Website.
About the Web Marketing Association
The Web Marketing Association is an organization working to create a high standard of excellence for Website development and marketing on the Internet. Staffed by volunteers, it is made up of Internet marketing, advertising, PR and design professionals who share an interest in improving the quality of online advertising, Internet marketing and promotion used to attract visitors to Websites. The Web Marketing Association’s annual award programs, the WebAward Competition, MobileWebAwards and the Internet Advertising Competition Awards, have been helping interactive professionals promote themselves, their companies, and their best work to the outside world since 1997.