Canada’s Competition Bureau (CCB) says it has concluded the investigation it launched into Calm Air, Canadian North and First Air last year amid allegations of anticompetitive practices in the airline industry.
The CCB initiated its investigation last year to scrutinize three matters: a proposed merger between First Air and Calm Air; a codeshare agreement between First Air and Canadian North; and allegations of predatory pricing against First Air and Canadian North.
In conducting each investigation, the CCB says it gathered evidence and obtained information from various sources including the companies targeted, competitors, customers and various levels of governments. It also retained the services of financial and economic experts.
However, during the course of its investigation, First Air and Canadian North terminated their codeshare agreement, resolving concerns regarding its potential impact on competition.
“With respect to the merger between First Air and Calm Air and the investigation into allegations of predatory pricing by First Air and Canadian North, the Bureau did not find sufficient evidence to challenge the airlines’ actions under the Competition Act,” the CCB said.
Full Content: Business Insider
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