MEDIA MERGERS AND THE COMPETITION BUREAU: IS THE MEDIUM THE MARKET? * The rapid growth of digital media in recent years and the simultaneous pressures on traditional media have led to a number of fascinating media transactions in which the Competition Bureau has had to confront the difficult question of product market definition in industries characterized by disruptive technological change. In March 2015, the Bureau cleared a magazine publishing transaction (TVA Group’s acquisition of Transcontinental’s magazine business) due, in its words, to the “presence of effective remaining competitors in all overlapping
The Canadian Competition Authority clears a transaction in the media sector revealing a possible shift in the Bureau’s analytical framework for media mergers (TVA Group / Transcontinental)
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