In recent years, competition/antitrust enforcers around the world, including Canada, have taken a marked interest in private equity deals. As part of a broader global trend of tougher merger enforcement, private equity firms that have taken ownership positions (controlling or minority) in portfolio companies that are competitors have been subject to heightened scrutiny. The litigation and subsequent settlement in involving Canada’s Competition Bureau and Thoma Bravo is the most recent example.
Tony is a Partner and Co-Leader of the firm’s Antitrust/Competition & Marketing Group. As former counsel to Canada’s Commissioner of Competition (Department of Justice Canada) and having served as counsel in many of Canada’s most significant competition matters, Tony is widely recognized as one of Canada’s leading practitioners in competition law and litigation.
When the Ontario Court of Appeal speaks, it sets important policy for the securities industry. On February 3, 2014, the industry was told that class actions claiming damages for secondary market misrepresentations are rendered easier to commence and continue.
In Greene v. Canadian Imperial Bank of Commerce, a rarely assembled five‑member Court Bench overturned…