The Competition Bureau announced today that it has entered into a consent agreement with Elanco Animal Health Incorporated (Elanco) to address concerns related to the company’s proposed acquisition of Bayer Animal Health (BAH). Elanco has also committed to forego acquiring Bayer AG’s (Bayer) Canadian distribution rights to several poultry insecticides.
As Canadians celebrate Canada Day, the Competition Bureau will begin its one-year term as President of the International Consumer Protection and Enforcement Network (ICPEN). From July 1, 2020 to June 30, 2021, the Bureau will lead the network of consumer protection and law enforcement authorities from over 65 countries, representing approximately 5 billion consumers worldwide.
Facebook Inc. will pay a $9 million penalty after the Competition Bureau concluded that the company made false or misleading claims about the privacy of Canadians’ personal information on Facebook and Messenger. Facebook will also pay an additional $500,000 for the costs of the Bureau’s investigation.