booklet here - Stikeman Elliott LLP
Transcription
booklet here - Stikeman Elliott LLP
MISLEADING ADVERTISING & MARKETING PRACTICES SEMINAR STIKEMAN ELLIOTT LLP | MONTRÉAL TORONTO OTTAWA CALGARY VANCOUVER OCTOBER 24, 2013 NEW YORK LONDON SYDNEY www.stikeman.com MISLEADING ADVERTISING & MARKETING PRACTICES AGENDA OCTOBER 24, 2013 7:30 am Breakfast and Registration 8:00 am Welcome and Introductions Paul Collins Head of Competition and Foreign Investment Group Stikeman Elliott, Toronto 8:05 am Presentations The Evolving Fair Business Practices Branch Mandate and Priorities Brendan Ross Major Case Director and Strategic Policy Advisor Fair Business Practices Branch Competition Bureau Canada, Ottawa Recent Enforcement Issues in Misleading Advertising and Marketing Lisa Campbell Deputy Commissioner of Competition Fair Business Practices Branch Competition Bureau Canada, Ottawa 8:55 am Question and Answer Period 9:15 am Closing Remarks STIKEMAN ELLIOTT LLP MISLEADING ADVERTISING & MARKETING PRACTICES CONTENTS SPEAKERS OCTOBER 24, 2013 Paul Collins Head of Competition and Foreign Investment Group Stikeman Elliott, Toronto Brendan Ross Major Case Director and Strategic Policy Advisor Fair Business Practices Branch Competition Bureau Canada, Ottawa Lisa Campbell Deputy Commissioner of Competition Fair Business Practices Branch Competition Bureau Canada, Ottawa RESOURCE Marketing & Advertising Top 10 List and Resources FIRM PROFILE An overview of Stikeman Elliott, our Marketing, Advertising & Compliance and Competition & Foreign Investment Groups STIKEMAN ELLIOTT LLP MISLEADING ADVERTISING & MARKETING PRACTICES PROFILES OF TODAY’S SPEAKERS OCTOBER 24, 2013 Paul Collins Head of Competition and Foreign Investment Group Stikeman Elliott, Toronto Brendan Ross Major Case Director and Strategic Policy Advisor Fair Business Practices Branch Competition Bureau Canada, Ottawa Lisa Campbell Deputy Commissioner of Competition Fair Business Practices Branch Competition Bureau Canada, Ottawa STIKEMAN ELLIOTT LLP Paul Collins 5300 Commerce Court West, 199 Bay Street, Toronto, Canada M5L 1B9 Direct: (416) 869-5577 Fax: (416) 947-0866 [email protected] Law Practice Paul Collins is head of the Competition and Foreign Investment Group. He practises corporate and commercial law and specializes in the area of competition law, providing both transactional and general compliance advice as well as advice in the area of marketing and advertising law. Mr. Collins is also a leading advisor for foreign investors in connection with the Investment Canada Act. His practice puts him in constant contact with the federal Competition Bureau and the Investment Review Division of Industry Canada. He is a past chair of the Executive Committee of the Canadian Bar Association Competition Law Section. From May 2010 to May 2012, Mr. Collins served as Senior Deputy Commissioner – Mergers Branch with the Competition Bureau where, as the head of the Mergers Branch, he was instrumental in the Bureau’s review of high-profile corporate transactions, as well as the development of key Bureau policies arising from the significant amendments to the Competition Act introduced in 2009. Such Bureau policies/guidelines include the revised Merger Enforcement Guidelines published in October 2011, as well as the Merger Review Process Guidelines, the Fee and Service Standards Handbook for Mergers and Merger-Related Matters, and a number of Interpretation Guidelines. During Mr. Collins’ tenure with the Bureau, he was a member of its Senior Management Committee. Mr. Collins is already well-established as a Canadian leader in competition law and his direct experience with the day-to-day workings of the Bureau over the last two years will only enhance his practice. Professional Activities Mr. Collins is an active member of the Canadian Bar Association (Competition Law Section) and the Antitrust Law Sections of both the International Bar Association and the American Bar Association. He has been an adjunct professor at the University of Toronto Faculty of Law. He is the former chair of the Legislative Reform and Competition Policy Subcommittee of the Canadian Bar Association (Competition Law Section). He has spoken at numerous conferences organized by the Canadian Bar Association, the International Bar Association, American Bar Association and The Canadian Institute. Speaking Engagements and Publications Mr. Collins’ recent speaking engagements include: > “Navigating Foreign Investment Restrictions in International Mergers and Acquisitions in the United States, Canada and Beyond” New York Global Law Week 2013, New York State Bar Association, International Section, May 2013, New York City, New York. > “Stock Exchange Mergers in Canada, the US and EU,” 2012 Annual Competition Law Fall Conference, Canadian Bar Association, September 2012, Gatineau, Quebec. > “A Brave New World: Mergers Practice in 2012,” 2012 Annual Competition Law Spring Forum, Canadian Bar Association, May 2012, Toronto, ON. STIKEMAN ELLIOTT LLP PROFILE > “The New Merger Guidelines: Getting the Deal Through,” 2011 Annual Competition Law Fall Conference, Canadian Bar Association, October 2011, Gatineau, Quebec. > “Global Enforcers Roundtable,” 5th Annual Global Antitrust Enforcement Symposium, Georgetown Law, September 2011, Washington, DC. > “Current Developments in Merger Law and Enforcement,” 15th Annual IBA Competition Conference, September 2011, Florence, Italy. > “Antitrust Enforcement Priorities,” Second Annual Chicago Forum on International Antitrust Issues, June 2011, Chicago, Illinois. > “Trends and Development in Merger Policy and Analysis,” 10th Annual Conference of the International Competition Network, May 2011, Den Haag, Netherlands. > “Cooperation in Merger and Unilateral Conduct Matters,” ICN Cooperation Roundtable, March 2011, Washington, DC. > “Merger Enforcement Guidelines & Second Stage Merger Review Process,” 10th Annual Competition Law & Policy Forum, Northwind Professional Institute, Langdon Hall, February 2011, Cambridge, ON. > “Creeping Acquisitions,” Meeting of the Organisation for Economic Co-Operation & Development (OECD), February 2011, Paris, France. > “Recent Developments in Canadian Competition Law,” Stikeman Elliott Competition Group Seminar, February 2011, Toronto, ON. > “Merger Review Under the New Regime,” Competition Law Essentials for Business Lawyers and Executives, Osgoode Professional Development CLE, January 2011, Toronto, ON. > “M&A Issues Confronting the Competition Bureau,” 8th annual Advanced Mergers & Acquisition Conference, December 2010, Vancouver, BC. > International Competition Network Merger Workshop, November 2010, Rome, Italy. > Mergers & Acquisition Conference, October 2010, Toronto, ON. > “Antitrust regulation for natural resources,” Joint session with the Antitrust Committee, International Bar Association Conference, October 2010, Vancouver, BC. > “’Right this Way, SIR’: Evaluating the Direction of the New Canadian Merger Review Process,” 2010 Canadian Bar Association Annual Fall Competition Law Conference, September October 2010, Gatineau, QC. > “International Competition/Antitrust Update,” 2010 Corporate Counsel World Summit, September 2010, Toronto, ON. A sampling of Mr. Collins’ publications includes: > Co-author (with Michael Laskey) “Competition Law – Recent Developments of Importance”, Lexpert/American Lawyer Magazine Guide to the Leading 500 Lawyers in Canada 2012 (December 2012). > Contributor, Commentaries, Competition Act and Commentary (Butterworths, 2010). > Antitrust Law Journal – (Vol. 73, No. 1, 2005) – “The Aspen Skiing Case from a Canadian Competition Law Perspective” – co-authored with D. Jeffrey Brown and Kevin Rushton. > World Competition – September 2003 – “An Analysis of the Proposal to Decriminalize the AntiCompetitive Pricing Practices under the Competition Act”. > The Law and Economics of Canadian Competition Policy – University of Toronto Press – May 2002 with Professors Trebilcock, Winter, and Iacobucci. This book has been awarded the prestigious 2002 Douglas Purvis Memorial Prize for a work of excellence relating to Canadian economic policy. STIKEMAN ELLIOTT LLP PROFILE Mr. Collins is listed and recognized in the following publications: > The 2013 Chambers Global's The Guide to the World's Leading Lawyers for Business as a recommended lawyer for Competition/Antitrust. > Global Competition Review's The International Who’s Who of Competition Lawyers & Economists 2013 and The International Who’s Who of Business Lawyers 2014. > Global Competition Review’s Country Survey: Canada described Mr. Collins as a “crucial component” to Stikeman Elliott’s Competition & Foreign Investment practice and as “among the most talented and well-regarded in the country”. > Legal Media Group’s Lawyers/Economists. 2012 Guide to the World’s Leading Competition and Antitrust > The 2010 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada for Competition. > The Best Lawyers in Canada 2010 in Competition/Antitrust Law. > The 2010 Lexpert Guide to the Leading U.S./Canada Cross-border Corporate Lawyers in Canada in the area of Competition Law. > The 2010 Lexpert Guide to the Leading U.S./Canada Cross-border Litigation Lawyers in Canada in the area of Competition Law > The Canadian Legal Lexpert Directory 2009 as a practitioner “most frequently recommended” in the Competition Law sector. > Ranked by Lexpert as one of Canada’s Top 40 Lawyers Under Age 40. Representative Work Mr. Collins has acted for: > Ticketmaster in connection with its merger with Live Nation. > Yahoo! in connection with its search agreement with Microsoft. > Ciena in connection with its acquisition of certain businesses from Nortel. > EDS Corporation in connection with its acquisition by Hewlett-Packard. > Yahoo! in connection with its proposed services agreement with Google. > Huntsman Corporation in connection with its proposed acquisition by Hexion. > Groupe Pernod Ricard in connection with its acquisition of the Absolut vodka brand. > Wrigley in connection with its merger with Mars. Education University of Toronto (LL.B. 1992, Honours BA economics 1989). Background Mr. Collins is fluent in Greek. Bar Admission Ontario, 1994. STIKEMAN ELLIOTT LLP PROFILE Brendan Ross 50 Victoria Street, Gatineau, Québec K1A 0C9 (800) 348-5358 Brendan Ross is the Major Case Director & Strategic Policy Advisor for Misleading Advertising and Labelling at the Competition Bureau. He is a 15 year veteran of the Fair Business Practices Branch. During that time, he has been involved in every aspect of enforcement and policy development in the branch, and is an authority on the application of the deceptive marketing practices provisions of the Competition Act. He sits as vice-chair of the Marketing Practices Committee of the Canadian Bar Association’s National Competition Law Section. Lisa Campbell 50 Victoria Street, Gatineau, Québec K1A 0C9 (800) 348-5358 Lisa Campbell joined the Competition Bureau as Deputy Commissioner of the Fair Business Practices Branch in 2010. She has worked in both the private and public sectors, and has significant experience in law and policy. Ms. Campbell’s articles on the legal implications of emerging technologies have appeared in Canadian and international publications. MISLEADING ADVERTISING & MARKETING PRACTICES RESOURCE Marketing & Advertising Top 10 List and Resources OCTOBER 24, 2013 STIKEMAN ELLIOTT LLP MARKETING & ADVERTISING TOP 10 LIST AND RESOURCES ADVERTISING 1 General Impression 2 Disclaimers and Contradictory Messages 3 Disclaimers should be used to clarify, and not contradict, the advertisement’s main message. Disclaimers that contradict the main message can make an advertisement false or misleading. Disclaimers should be legible, unhidden and clearly linked to the advertisement’s main message. Third Party Rights & Privacy 8 If an advertisement uses trade-marks, logos, images, photographs, quotes, voices, tag-lines, or names of third parties, it is important to make sure that the advertisement does not infringe the intellectual property, privacy or personality rights of those third parties. Also, if an advertisement campaign contemplates the collection, use or disclosure of personal information, you should obtain adequate consent from the individuals to whom the personal information pertains. Make sure the appropriate privacy statement is used. Children 9 Environmental Claims Performance Claims 4 When making claims regarding performance or efficacy, you must have sufficient evidence to substantiate the claims. The reliability of any source you use must be considered. It should be clear to you that the claim is based on adequate and proper testing. 5 Special Regulations (Pre-clearance) 6 7 Whether a representation is false or misleading depends on the general impression conveyed and not just the literal meaning. Even if the statements or illustrations are literally true, they may create an impression that is false or misleading. Savings and Price Claims Price comparisons or savings claims can trigger the ordinary selling price provisions of the Competition Act. Such claims should meet the time or volume test specified in the Competition Act and should not otherwise be false or misleading. In particular, you should be able to substantiate the ordinary price you are claiming. The MSRP is usually not an appropriate ordinary price. Also, “Sales” and “Special Offers” must actually be sales and special offers. Certain types of advertisements are governed by special legislation, for example, applicable provincial legislation will govern credit disclosure, including mathematical calculations for financial matters, such as leases. Certain advertisements need pre-clearance. For example, certain broadcast advertisements must be cleared through the Advertising Standards Council. Ensure the advertisement complies with the Canadian Code of Advertising Standards, which includes provisions regarding safety, violence, gender portrayal, bullying, denigration, and comparative advertising. | MONTRÉAL TORONTO OTTAWA CALGARY The Competition Bureau has issued guidelines containing 18 specific requirements for environmental claims in advertising. Such claims may not be vague or non-specific. The use of phrases such as “green” or “environmentally friendly”, and claims of sustainability are discouraged. All claims must, among other things, be reliable, supported by accurate and available data, and be accompanied by a detailed explanation of the environmental benefit in close proximity to the claim itself. A product cannot claim to be free of something that was never part of the product before and all claims must take into consideration the life cycle of the product and not be solely based on the final product. 10 Contest Advertisements Safety, Violence, Gender Portrayal and Denigration STIKEMAN ELLIOTT LLP Advertising to children requires special care. Advertisements should not take advantage of the less developed judgement and greater impressionability of children. All guidelines of relevant broadcast, marketing and sales authorities should be taken into account. Broadcast advertising directed at children is not permitted in Quebec. VANCOUVER If a contest is advertised, the advertisement should include the following information: (a) how to enter; (b) the number, type and value of prizes; (c) any regional allocation of prizes; (d) any skill-testing question requirement; (e) the contest closing date; (f) the odds of winning, and other facts that materially affect the chances of winning; (g) the fact that no purchase is necessary; (h) how to obtain full contest rules; and (i) any material qualifications regarding prizes, eligibility or manner of playing. NEW YORK LONDON SYDNEY www.stikeman.com Stikeman Elliott Marketing & Advertising Lawyers: CONTEST DISCLOSURE 1 No Purchase Necessary 2 Element of Skill 3 4 5 TORONTO Generally, a no-purchase method of entry is required. Check to make sure that your contest includes an acceptable no-purchase method of entry. The contest should incorporate an element of skill, such as a mathematical skill-testing question. Chances of Winning Disclose the odds of winning (e.g., “1 in 100 chances to win.”) or that the odds of winning are not determinable (e.g., “Chances of winning depend on the number of entries received.”) Describing the Prize Any material prize details and qualifications must be disclosed, including any regional allocation of prizes. Dates, Times and Numbers 6 Check to make sure that all dates, times and numbers in the contest rules are correct. 7 Termination/Amendment 8 9 10 Distribution of Prizes Prizes must be distributed to winning entrants without undue delay. The rules should provide the contest sponsor a right to terminate or amend the contest. Privacy Issues Consider carefully how an entrant’s personal information will be collected, used and/or disclosed. You must obtain the consent of the entrants to the collection, use and disclosure of their personal information. The consent you obtain must be sufficiently broad to cover everything you plan to do with the information. Systems should be in place to ensure that the personal information of entrants is only collected, used and disclosed for the purposes for which consent has been obtained. Children Where contests are open to children, special care must be taken to ensure adequate disclosure, especially in any advertisements. Entry should be conditional on consent from a parent/guardian and a publicity liability waiver executed by parent/guardian. Québec If the contest is open to residents of Québec, specific Québec legal requirements for contests must be met. KEY RESOURCES 1 2 3 Competition Bureau www.competitionbureau.gc.ca Advertising Standards Canada www.adstandards.com Régie des alcools, des courses et des jeux www.racj.gouv.qc.ca 4 Canadian Marketing Association www.the-cma.org 5 Office of the Privacy Commissioner of Canada www.privcom.gc.ca 6 Consumer Protection Act www.e-laws.gov.on.ca © STIKEMAN ELLIOTT LLP | www.stikeman.com This publication provides general commentary only and is not intended as legal advice. Paul Collins (416) 869-5577 [email protected] Jinky Dominguez (Law Clerk) (416) 814-6761 [email protected] Michael Kilby (416) 869-5282 [email protected] Marisa Muchnik (416) 869-6829 [email protected] Ashley Piotrowski (416) 869-5648 [email protected] Jennifer Rad (Law Clerk) (416) 868-2289 [email protected] OTTAWA Jeffrey Brown (613) 564-3472 [email protected] David Elder (Privacy Specialist) (613) 566-0532 [email protected] Justine Whitehead (Intellectual Property Specialist) (613) 566-0541 [email protected] CALGARY Gus Lu (403) 781-9182 [email protected] Gianfranco Matrangolo (403) 266-9071 [email protected] VANCOUVER Robert Kiesman (604) 631-1474 [email protected] Alice Krzyskow (604) 631-1318 [email protected] MONTRÉAL Jonathan Auerbach (IP and Trademark specialist) (514) 397-3095 [email protected] Catherine Jenner (514) 397-3356 [email protected] Jason Streicher (514) 397-2420 [email protected] VISIT OUR COMPETITION BLOG www.TheCompetitor.ca Stikeman Elliott’s online resource for competition law provides information and commentary on important legal and policy developments. Visit today to register for regular updates by email, RSS or Twitter. 0413 MISLEADING ADVERTISING & MARKETING PRACTICES FIRM PROFILE An overview of Stikeman Elliott, our Marketing, Advertising & Compliance and Competition & Foreign Investment Groups OCTOBER 24, 2013 STIKEMAN ELLIOTT LLP Firm Profile Stikeman Elliott is one of Canada's leading business law firms, recognized for top tier services in each of our core practice areas – corporate finance, M&A, real estate, corporatecommercial law, banking, structured finance, tax, insolvency, competition and foreign investment, employment and business litigation. We are regularly retained by domestic and international companies in a wide range of industries including financial services, insurance, technology, telecommunication, transportation, manufacturing, mining, energy, infrastructure and retail. The firm's Canadian offices are leaders in their respective jurisdictions. The firm has more lawyers ranked than any other Canadian firm in the Corporate, M&A and Corporate Finance categories of legal directories from Chambers Global, Best Lawyers and Lexpert. Its National Litigation Group, whose specializations include class actions, securities litigation, antitrust and restructurings, has been ranked among the top business litigation practices in Canada by Chambers Global, Lexpert and Benchmark. The firm is also well known for its extensive regulatory and government relations expertise; the latter anchored by its office in Ottawa. We have prominent cross-border expertise, as the first Canadian firm to open offices in London and New York, and extensive experience in the U.S., Europe, China, South and Southeast Asia as well as in Latin America, the Caribbean and Africa. Our 500 lawyers include many of Canada's most prominent business practitioners and litigators, and our depth across practice areas enables clients to benefit from efficient, expert teams of lawyers at all levels. The firm has also invested heavily in cutting-edge knowledge management and project management systems in order to assure our clients of advice of the highest quality. STIKEMAN ELLIOTT LLP FIRM PROFILE Recognition for Our Work #1 Nationally for ranked lawyers in M&A/Corporate and rated as a Top Tier Firm #1 Canadian firm in Capital Markets, M&A and Corporate-Commercial Law with most lawyers ranked by the 2012 Guide to the Leading 500 Lawyers in Canada #1 Canadian firm in Capital Markets, M&A and Corporate-Commercial Law with more lawyers ranked than any other firm Ranked Top Tier in Capital Markets, M&A and Project Finance Ranked Top Tier in Capital Markets, M&A and Corporate-Commercial Law STIKEMAN ELLIOTT LLP FIRM PROFILE Marketing, Advertising & Compliance Group Stikeman Elliott’s Marketing, Advertising and Compliance Group consists of members drawn from the firm’s leading Competition and Foreign Investment Group as well as its CorporateCommercial Group. As it applies to marketing and advertising, competition law and consumer protection law are complex and constantly evolving, and business practices that appear innocuous to clients may in fact contravene relevant legislation. Our members proactively respond to client needs and ensure they receive legal counsel unique to their objectives in a timely and cost-effective manner, regardless of the complexity. They also ensure strategies meet all applicable laws and regulations. To assist our clients with keeping abreast of timely industry developments and issues, the Group offers a blog on legal, legislative and policy matters at www.TheCompetitor.ca. Our Services The Group provides, on a regular basis, marketing and advertising compliance (including Competition Act and provincial consumer protection legislation) advice to leading Canadian and international businesses across a wide range of industries, including food and consumer goods, automotive, pharmaceutical and healthcare, financial services, insurance and retail. Our lawyers routinely review, comment and provide risk assessments and risk mitigation advice, typically within very short time frames. We offer these services across Canada and have specific expertise in the highly-regulated Quebec market. For over 20 years our team has closely assisted our clients in many marketing practices including, > Advertising and marketing, including TV/infomercials, radio, print, online, mobile and social media; > Distribution strategies; > Pricing strategies, maintenance and claims; > Product labelling; > Warranty advertising; > Pre-clearance where required by certain industries; > Financial legal disclosure including credit and lease advertising considerations; > Contests and other promotional strategies; > Comparative advertising; > Disclaimers and contradictory messages; STIKEMAN ELLIOTT LLP MARKETING, ADVERTISING AND COMPLIANCE > Intellectual property considerations including trademarks, music and personality rights; > Social networking campaigns; and > Privacy considerations including management of personal information in the context of marketing campaigns and compliance with federal and provincial laws. Stikeman Elliott's experienced counsel have a keen awareness of market trends, legislative change and policy initiatives, and can help companies avoid unwelcome surprises, including Competition Bureau investigations and civil or criminal actions by: > Conducting a compliance audit to identify and report on any aspects of a client's procedures or policies that raise potential issues; > Designing, in collaboration with the client's operations personnel, a comprehensive compliance program; > Conducting seminars to educate staff on compliance pitfalls common in their industry; and > Advising with respect to document management (i.e., creation and retention). Our multi-disciplinary team is comprised of lawyers practicing in the areas of competition, privacy, environmental, technology, regulatory and litigation, who often work closely and seamlessly to provide comprehensive advice and utilize a cost-effective mix of partners, associates and clerks to serve clients. We have represented clients with respect to misleading advertising claims, price claims and product performance claims, including the defence of class actions. Our experience includes liaising with various government regulators, such as the federal Competition Bureau, provincial regulators and industry self-regulatory bodies such as Advertising Standards Canada and the Television Bureau of Canada (also known as Telecaster, a body which has promulgated infomercial guidelines). Members of our Group are actively involved with the Canadian Bar Association Competition Law Section’s Marketing Practices Committee. They are committed to being at the forefront of important emerging issues and understanding the fast-evolving practices in this area, as well as providing influence where they can. Connected to the Industry In order to keep ourselves at the forefront of industry trends and changes to regulations, we are actively involved in industry organizations, including the Advertising Standards Canada, Food and Consumer Products of Canada and the Canadian Marketing Association. In fact, a member of the Group has recently been appointed as the Special Digital Privacy Counsel to the Canadian Marketing Association. Our lawyers are recognized as experts and speak at various legal and industry conferences, including The Canadian Institute's Advertising and Marketing Law Conference, and for the Food and Consumer Products of Canada organization. STIKEMAN ELLIOTT LLP MARKETING, ADVERTISING AND COMPLIANCE Competition and Foreign Investment Group Experience & Expertise Stikeman Elliott’s Competition and Foreign Investment Group is a highly regarded market leader in Canada, widely and consistently recognized nationally and internationally for its indepth knowledge and expertise in the practice of competition law under the Competition Act and foreign investment review under the Investment Canada Act. The Group has extensive experience acting on major national and international transactions, criminal investigations, class and other civil actions, Competition Tribunal proceedings regarding mergers, abuse of dominance and other reviewable matters, and day-to-day compliance in a wide range of industries, including the transportation, media and entertainment, financial services and insurance, stock exchange, energy, natural resources, waste management, communications, construction aggregates and food and beverage sectors. Canadian and international corporations and foreign law Stikeman Elliott launches firms frequently seek the Group’s counsel on high-profile domestic and international mergers in which coordinated first competition law blog resolution of regulatory issues is critical. When by any major Canadian corporations find themselves subject to proceedings law firm. under the Competition Act, either before the courts or the Competition Tribunal, we have extensive experience and WWW.THECOMPETITOR.CA expertise to effectively represent them. In criminal and class and other private actions, the Group frequently represents Canadian, American, European and Asian corporations. Where appropriate, advantageous settlements are negotiated and implemented on a nationwide basis. The Group’s extensive experience as counsel on major multinational transactions allows members to work closely and effectively with M&A attorneys in the Canadian, European, U.S. and Pacific Rim offices of Stikeman Elliott, and with colleagues in leading U.S., European and Asian law firms. GLOBAL RANKINGS & ACHIEVEMENTS Consistently high rankings are a clear reflection of the Group’s well-earned reputation in major cross-border and domestic legal work. > Global Competition Review: Country Survey: Canada (2013) – ranked as among the most talented and well-regarded in the country. > Global Competition Review 100 (2013, 13th edition) – ranked as an Elite competition practice in Canada and included along the top leading global competition law practices by the Global Competition Review. > Chambers Global 2013: The World's Leading Lawyers for Business ranked as among the best law firms in competition/antitrust in Canada by Chambers and Partners. Chambers notes "There is important bench strength at Stikeman Elliott: the firm remains a force" and "[s]trong players in competition". STIKEMAN ELLIOTT LLP www.stikeman.com COMPETITION BUREAU AND INVESTMENT CANADA RELATIONS - MERGERS AND MUCH MORE As the only major Canadian competition law practice with a strong presence in Ottawa, Stikeman Elliott maintains a healthy relationship with key players in the Government of Canada. On an ongoing basis, the group deals with officials of the Competition Bureau, Investment Canada, the Department of Finance, the Department of Justice, Transport Canada and other important government departments and agencies, such that regulatory strategies are seamlessly integrated. Consistent with their active participation in legal and policy development, members of our Group are regularly consulted on potential amendments and policy initiatives relating to the Canadian Competition Act and the Investment Canada Act. Our firm is unique in its involvement in Investment Canada matters in that we have members of the Competition and Foreign Investment Group practicing in our Ottawa office. The close proximity to civil officials and other government departments means better relationships with parties involved in Investment Canada matters. We have successfully acted on the most noteworthy foreign investment transactions in the past few years and possibly in Canadian history, China National Offshore Oil Company (CNOOC), as Canadian counsel, in its acquisition of Calgary-based Nexen Inc., and Potash Corporation of Saskatchewan Inc. in its defence of BHP Billiton’s unsolicited take-over bid. Appearing on different sides of these transactions, once for the foreign buyer and once for the Canadian target defending against the take-over bid, speaks to the diversity and capabilities of our practice. Our foreign investment experience, and our unique ability to coordinate the increasingly important public relations and government relations aspect of foreign investment review, is a testament as to why we continue to be specifically sought out by clients to handle sensitive transactions in this area. Paul Collins, one of the top competition lawyers in Canada, leads the Competition & Foreign Investment Group. His practice involves transactional and general compliance advice, including Investment Canada Act advice, as well as marketing and advertising law. He offers a unique value to clients as a result of his recent position at the Competition Bureau, where he served as Senior Deputy Commissioner from May 2010 to May 2012. As head of the Bureau’s Mergers Branch and a member of its Senior Management Committee, Mr. Collins was instrumental in the review of high-profile corporate transactions. Additionally, he contributed his expertise to the development of key Bureau policies arising from the significant amendments to the Competition Act introduced in 2009 -- including the revised Merger Enforcement Guidelines, the Merger Review Process Guidelines, the Fee and Service Standards Handbook for Mergers and MergerRelated Matters and a number of Interpretation Guidelines. Mr. Collins is already wellestablished as a Canadian leader in competition law and his direct experience with the day-today workings of the Bureau during his two year term at the Bureau has only enhanced his practice. Chambers Global recently noted that he is “one of the most solid competition lawyers in Canada". STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP Lawson A.W. Hunter, Q.C., is one of Canada’s foremost experts on competition and regulatory matters and noted by GCR as “one of the pre-eminent names on the Canadian antitrust scene,” and by Chambers Global as “an icon in the field" who is singled out by clients for his "exquisite judgement". Mr. Hunter, in his role as Counsel, continues to be an active member of the Competition and Foreign Investment Group advising on many of the Group’s transactions. He returned to Stikeman Elliott after five years as Executive Vice President and Chief Corporate Officer at BCE Inc. His service at BCE followed ten years as head of Stikeman Elliott’s Competition and Foreign Investment Group. Mr. Hunter also spent a number of years in the federal public service, during which he led Canada’s competition regulator and was primarily responsible for the drafting of the Competition Act. Mr. Hunter advises a wide variety of Canadian and multinational corporations on all aspects of federal regulatory law and policy, including competition and foreign investment legislation issues. He is particularly noted for his experience as an advisor on the regulatory aspects of mergers and acquisitions. Mr. Hunter’s experience in Investment Canada and government relations played an integral role with Potash Corporation of Saskatchewan Inc. in its defence of BHP Billiton’s unsolicited take-over bid and most recently he played a key role in the representation of China National Offshore Oil Company (CNOOC), as Canadian counsel, in its acquisition of Calgary-based Nexen Inc. Group members Shawn Neylan, Susan Hutton and Jeffrey Brown have combined experience that spans many years and includes advising national and international clients on a full range of competition and foreign investment law issues, with a focus on complex multi-jurisdictional transactions, including leading regulatory teams that secure approvals under the Competition Act and the Investment Review Act. They also provide competition compliance advice to businesses in relation to both unilateral and collaborative conduct. They have been recognized repeatedly as leading lawyers in various national and international publications and have written and spoken extensively on competition and foreign investment law issues.. Keeping on top of developments in Ottawa helps us ensure that M&A matters pursued by our clients are efficiently completed on the terms negotiated. We work diligently to minimize the risk of regulatory interference by the Commissioner of Competition and other Government agencies in transactions involving Canadian businesses, and advise leading Canadian businesses with respect to ongoing Competition Bureau and government relations. In particular, we: > Advise generally on the competition law governing mergers and acquisitions; > Provide an objective assessment of the likelihood that a proposed acquisition would lead to intervention by the Commissioner; > Prepare pre-merger notification materials and/or apply to the Commissioner for an advance ruling certificate or advisory opinion in respect of a proposed transaction, where appropriate; > Structure transactions so as to eliminate or minimize the risks of challenge by the Commissioner; > Liaise with the Competition Bureau and Investment Canada to enable our clients to complete their transactions in a timely manner; > Advise clients in connection with investigations initiated by the Commissioner, whether civil or criminal in nature; > Advise clients in connection with search warrants or other formal inquiry procedures initiated by the Commissioner; > Assist clients in lodging complaints with the Competition Bureau; and > Advise generally with respect to the Commissioner’s or Investment Canada’s position on or interpretation of various issues of importance to clients. STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP MARKETING, ADVERTISING AND COMPLIANCE Competition law is complex and constantly evolving, and business practices that appear innocuous to clients may in fact contravene the Competition Act. The Group provides proactive ongoing Competition Act compliance advice and recommendations to various clients on many marketing practices, such as advertising, distribution strategies and pricing strategies. Stikeman Elliott’s experienced competition counsel have a keen awareness of market trends, legislative change and policy initiatives, and can help companies avoid unwelcome surprises, including Bureau investigations and civil or criminal actions, by: > Conducting a compliance audit to identify and report on any aspects of a client’s procedures or policies that raise compliance issues; > Designing, in collaboration with the client’s operations personnel, a comprehensive compliance program; > Conducting seminars to educate staff on compliance pitfalls common in their industry; and > Advising with respect to document management (i.e., creation and retention). We are also actively involved in various industry organizations, including Advertising Standards Canada and Canadian Marketing Association; and our lawyers speak regularly at conferences, such as The Canadian Institute's Advertising and Marketing Law Conference, and for the Food and Consumer Products of Canada’s workshops. COMPETITION LITIGATION - Before the Courts and the Competition Tribunal Competition litigation is an increasingly active and complex business reality in Canada. The recent amendments to the Canadian Competition Act further expand the range of conduct and the seriousness of the consequences to parties in civil proceedings, including cases before the Competition Tribunal and in court. Stikeman Elliott’s competition litigators have the experience, knowledge, judgment and skills to represent our clients effectively in this very dynamic and strategically important area. Stikeman Elliott’s competition litigation practice is led by Katherine Kay, one of Canada's premier competition litigators. Ms. Kay was recently ranked as one of the top 100 Women in Antitrust in 2013 by Global Competition Review (GCR). Chambers Global 2013 The Guide to the World's Leading Lawyers for Business named her one of the top competition litigators in Canada and considers her "a star litigator" who is "practical and tenacious on her feet." It further noted that "there are very few people who practise cartel work at such a high level." She was also described in previous GCR Country Surveys as "arguably the best competition litigator Canada has to offer." Ms. Kay is lead counsel on a broad range of cases dealing with all aspects of competition law. Recently, she represented such high profile matters such as Air Canada in its response to the Commissioner of Competition's application to the Competition Tribunal opposing the proposed Canada-U.S. cross-border joint venture with United Continental Holdings. The Group’s competition litigators, who include Eliot Kolers and Danielle Royal, have extensive experience and the strategic judgment and outstanding advocacy skills to secure the best possible results for our clients. They understand the ins and outs of Canadian antitrust law and the practice and approach of the regulatory authorities and who are wellknown to the Competition Tribunal and courts at all levels and in all jurisdictions. Our litigators work very closely with our colleagues on the solicitors’ side of Canadian STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP competition practice, and members of our Group draw on the experience and judgment of the litigation team on a daily basis. The competition litigators represent national and international clients in a variety of matters , including: > Criminal investigations and proceedings, involving corporations as well as directors, officers and employees, including immunity and leniency applications > Defending class actions, which are typically commenced on a national basis mirroring similar U.S. actions and often following Canadian criminal investigations > Representing clients who are a merging party, or who oppose a particular merger, both in dealing with the Competition Bureau and then before the Competition Tribunal, on a contested or consent basis > Defending clients in contested proceedings before the Competition Tribunal in which allegations of anticompetitive conduct or violations of consumer protection measures in the Competition Act are made by the Commissioner of Competition or, under recent amendments to the Competition Act, by private individuals in certain areas > Making or responding to complaints to the Competition Bureau regarding anticompetitive behaviour in a particular marketplace > Commencing or defending private actions or applications brought under the Competition Act and under the common law in which anti-competitive conduct is alleged VALUE-ADDED CLIENT RESOURCES As part of our effort to remain at the forefront of client service, we have developed a competition law blog, featuring practical information and commentary on important legal and policy developments in this area of law, including merger issues, criminal prosecutions, class actions, abuse of dominance and refusal to deal, Investment Canada Act economic and national security reviews, legislative and policy updates, and ministerial and enforcement agency appointments. The site is fully searchable with extensive archived materials, indexed by topic, and allows users to subscribe for immediate updates via email, RSS feed or Twitter. The blog is available at www.TheCompetitor.ca. The Group annually contributes to LexisNexis’ Competition Act & Commentary. This publication is a concise guide to competition law in Canada, and contains the relevant legislation, regulations, rules and guidelines, plus a “Year in Review” and updated commentary written by Group members. “It is very good to have such first class up-to-date material.” CLIENT DISCUSSING COMPETITION ACT & STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP COMMENTARY Competition and Foreign Investment Experience Our leading competition and foreign investment practice operates at the very highest level and the outstanding skill and judgment of our team is displayed in both the number and complexity of deals in which our Group is involved. Our level of expertise is clearly indicated by the key matters we have acted on most recently: TRANSACTIONS Communication, Entertainment and Media > Rogers Communications Inc. in its acquisition of unused network spectrum of Shaw Communications Inc. (2013) > Gores Group, as Canadian counsel, in its US$225M acquisition of Harris Broadcast Communications from Harris Corporation. (2013) > Acosta Sales & Marketing, as Canadian counsel, in its acquisition of Mosaic Sales Solutions from Court Square Capital Partners, amount undisclosed. (2012) > Universal Music Holdings Limited, subsidiary of Vivendi S.A., as Canadian counsel, in its US$1.9B acquisition of EMI Group Global Limited, subsidiary of Citigroup Inc. (2012) > Dalian Wanda Group Co., as Canadian counsel, in its US$2.6B acquisition of AMC Entertainment Holdings, creating the world’s largest movie theater operator. (2012) > Astral Media Inc. in the C$3.38B sale to BCE Inc.(2012) > Yellow Media Inc. in the C$72.5M sale of LesPAC Inc.’s assets to Mediagrif Interactive Technologies Inc. (2011) > Ontario Teachers' Pension Plan in the $1.32B sale of a majority stake in Maple Leaf Sports and Entertainment to Rogers Communications and BCE Inc. (2011) > Motorola Mobility Holdings, Inc., as Canadian counsel, in its US$12.5B proposed acquisition by Google Inc. (2011) > Yellow Media Inc. in its $708M sale of Trader Corporation to funds advised by Apax Partners. (2011) Consumer Products, Services and Retail > FGL Sports Ltd., a division of Canadian Tire Corporation, Limited, in its C$85M acquisition of Pro Hockey Life Sporting Goods Inc., a premier sports retailer with 23 urban, high-end hockey stores operating in five provinces across Canada. (2013) > Garda World Security Corporation in its C$110M acquisition of G4S Cash Solutions (Canada) Ltd. (2013) > Advanced Auto Parts Inc., as Canadian counsel, in its US$2B acquisition of General Parts International Inc., creating the largest North American retailer of auto parts. (2013) > Sobeys Inc. and Empire Company Limited in its C$5.8B acquisition of all property and assets constituting the business of Canada Safeway Limited from Safeway Inc. (2013) STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP > Hudson’s Bay Company in its US$2.9B acquisition of Saks Incorporated, including indebtedness (2013) > TreeHouse Foods, Inc., as Canadian counsel, in its C$187M acquisition from TorQuest Partners LLC and other shareholders of Associated Brands GP Corporation. (2013) > H.J. Heinz Co. in its US$28B acquisition by Berkshire Hathway Inc. and 3G Capital. (2013) > Canadian Tire Corporation Limited in the C$85M acquisition by its wholly-owned subsidiary, FGL Sports Ltd., of Pro Hockey Life Sporting Goods Inc. (2013) > Sysco Corporation in its acquisition of Distagro, the foodservice division of grocery retailer Metro Richelieu Inc., for an undisclosed amount. (2012) > Golden Gate Capital and Blum Capital in their US$2B acquisition of Collective Brands, Inc. (including Payless ShoeSource, Airwalk, Vision Street Wear, Sims and Lamar Snowboards Brands) (2012) > Apax Partners, as Canadian counsel, in its C$1.1B acquisition of Garda World Security Corporation. (2012) > Bauer Performance Sports Ltd. in its US$64M acquisition of Cascade Helmets Holdings, Inc., a leading manufacturer and distributor of men’s and youth lacrosse helmets in North America. (2012) > Bright Food Group Co., one of China’s largest food groups, as Canadian counsel, in its US$1.9B acquisition of Weetabix Ltd. from private equity owner Lion Capital LLP. (2012) Distribution and Wholesale > Air Liquide Canada, a subsidiary of Air Liquide Group, the world leader in gases for industry, health and the environment, in the acquisition of all the assets of Sunox Industrial Gases Inc., a Canadian-owned independent filler and welding products distributor, specializing in the distribution of industrial gases, welding equipment and propane. Amount undisclosed. (2012) > Clairvest Group Inc. and Clairvest Equity Partners Limited Partnership in its C$35M sale of their combined interests in Van-Rob Inc. to Kirchhoff Automotive GmbH. (2011) > TPG Capital and Nexeo Solutions Canada Corp. in its US$979M acquisition of Ashland Distribution from Ashland Inc. (2011) Energy, Natural Resources and Agriculture > Hochschild Mining plc, a company listed on the London Stock Exchange, in its US$280M acquisition of all of the issued and outstanding shares of International Minerals Corp. it does not already own, by way of a court-approved plan of arrangement. (2013) > Louisiana-Pacific Corp., as Canada counsel, in its US$1.1B acquisition of Vancouverbased Ainsworth Lumber Co. (2013) > Skookumchuck Pulp Inc., a subsidiary of Paper Excellence Canada Holdings Corporation, one of Canada’s largest pulp mill operators, in its C$95M acquisition of the Skookumchuck NSBK pulp mill and related assets, located near Skookumchuck, British Columbia, from Tembec Inc., a leading manufacturer of forest products, lumber, pulp, paper. (2013) > EDF EN Canada Inc. in its agreement with Enbridge Inc. under which Enbridge will invest approximately C$170M to acquire a 50% interest in the 150-megawatt (MW) Massif du Sud Wind Project in Quebec. (2013) STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP > Centrica plc and Qatar Petroleum International in their C$1B joint acquisition of majority of Suncor Energy Inc’s remaining conventional natural gas and crude oil assets and associated infrastructure located in the Western Canadian Sedimentary Basin. (2013) > Quintana Energy Partners L.P., as Canadian counsel, in its US$40M acquisition of Corsa Coal Corp. (2013) > Harry Winston Diamond Corporation in its US$750M sale of its luxury brand diamond jewelry and timepiece division, Harry Winston Inc., to The Swatch Group Ltd. (2013) > JSC Atomredmetzoloto in its C$1.3B acquisition of the remaining 48.6% percent of all Uranium One Inc., it does not already own. (2013) > China National Offshore Oil Company, as Canadian counsel, in its acquisition of Calgary-based Nexen Inc. for approximately US$19.5B in cash, including the assumption of debt. The deal is the largest Chinese acquisition of a foreign company. (2013) > Richardson International Limited in connection with Glencore International plc's C$6.1B purchase of Saskatchewan-based Viterra Inc. Glencore has agreed to divest the majority of Viterra's $2.6B Canadian assets and certain other assets to Richardson International and Agrium Inc., two of Canada's largest agricultural firms. (2012) > Potash Corporation of Saskatchewan Inc. in its defence of BHP Billiton Ltd.'s US$38.6B unsolicited take-over bid, with the bid being subsequently withdrawn after the historic decision of Investment Canada to reject the proposal. (2010) Winner of IFLR 2011 award for Canadian Law Firm of the Year for its work on this and other transactions. > Sinopec International Petroleum Exploration and Production Corporation in its $10.3B acquisition of Addax Petroleum Corporation, the largest outbound acquisition by a PRC entity has been awarded Asian-Counsel’ Deals of the Year 2009 and the M&A Atlas Awards Global M&A Deal of the Year ($5+ billion). (2009) Financial Services, Insurance and Investment > Advent International, as Canadian counsel, in its acquisition of P2 Energy Solutions from Vista Equity Partners for an undisclosed amount. P2 is a Denver–based provider of software, geospatial data and land management tools to the upstream oil and gas industry. (2013) > Kleiner Perkins Caulfield & Byers, as Canadian counsel, in its sale of its investment in EEStor, Inc. to Zenn Motors Company Inc., amount undisclosed. (2013) > Cartesian Capital, a New York-based private equity firm, in the acquisition of Public Mobile by Thomvest Seed Capital and Cartesian for an undisclosed amount. > Sprott Resource Lending Corp. in connection with its C$243M sale to Sprott Inc. > Birch Hill Equity Partners in its C$412M acquisition of Softchoice Corporation. (2013) > CAI Capital Management Co. in the sale of all its interests in Corix Infrastructure Inc. to affiliates of British Columbia Investment Management Corporation, amount undisclosed. (2012) > The Hillman Companies in its C$103M acquisition of H. Paulin & Co., Limited. (2013) > Warburg Pincus LLC, as Canadian counsel, in its C$155M acquisition of a majority stake in Endurance Energy Ltd. (2012) > KKR & Co. in its US$1.12B acquisition of Capital Safety Ltd. from Arle Capital Partners LLP. (2011) STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP > HSBC Bank Canada in the C$206M sale of HSBC Securities (Canada) Inc. to National Bank of Canada. (2011) > TriWest Capital Partners in connection with its financial sponsorship of Wynnchurch Capital’s investment in NSC Minerals (2011) Manufacturing and Industrial > Nova Capital in the sale of all assets of portfolio company, Wilkinson Steel and Metals Inc., to Samuel, Son & Co. for an undisclosed amount. (2013) > The Sherwin-Williams Company, as Canadian counsel in its US$2.3B acquisition of Consorcio Comex, S.A. de C.V. from Achar family (2013) > ABB Ltd., as Canadian counsel, in its acquisition of Thomas & Betts, a U.S. electrical components maker, for US$3.9B. (2012) > Nalco Holding Company in its US$5.4B sale to Ecolab Inc. (2011) > Smurfit-Stone Container Corp. as Canadian regulatory counsel in relation to its US$3.5B acquisition by Rock-Tenn Co. making it North America’s second-biggest containerboard producer. (announced 2011) > Solideal International S.A. in connection with its sale to Camoplast, Inc. (2010) > Timminco Limited in its joint venture transaction with Dow Corning Corporation regarding the silicon metal production facilities of Timminco’s wholly-owned subsidiary, Bécancour Silicon Inc. Dow Corning acquired a 49% equity interest in Québec Silicon Limited Partnership, the new joint venture entity that owns the silicon metal operations in Bécancour, Québec, in consideration for net cash proceeds of approximately US$40.3M. (2010) > Grupo ACS, a Spanish construction firm, as Canadian counsel, in connection with its bid in Germany for at least 50% of German group HOCHTIEF AG. The bid, which would form the largest infrastructure company in the Western world, is reported to be worth US$3.55B. (2010) Pharmaceutical, Agri-chemical and Medical Products > Bausch + Lomb, as Canadian counsel, in its C$8.7B acquisition by Valeant Pharmaceuticals International, Inc. (2013) . > Angiotech Pharmaceuticals, Inc. in the C$362.5M sale of certain of its subsidiaries, comprising Angiotech’s Interventional Products Business, to Argon Medical Devices, Inc. (2013) . > Analogic Corporation, as Canadian counsel, in its acquisition of Ultrasonix Medical Corporation by way of plan of arrangement for approximately US$83M. (2013) > Baxter International Inc., as Canadian counsel, in its US$4B (SEK26.5B) acquisition of Gambro AB, a privately held kidney dialysis product company based in Sweden. (2012) > Gamma-Dynacare Medical Laboratories, one of Canada’s largest providers of laboratory services and solutions, in its acquisition of the human drug and alcohol testing division of Maxxam Analytics International Corporation. Undisclosed value. (2012) – UPDATED > Catalyst Health Solutions Inc., as Canadian counsel, in its US$4.4B sale to SXC Health Solutions, Corp. (2012) > Cardinal Health, Inc. in its C$165M agreement to acquire Futuremed Healthcare Products Corporation. (2011) STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP > Eurazeo Croissance in its C$52.1M acquisition of 83% of 3S Photonics SA’s capital (2011) > Centric Health Corporation in its acquisition of Motion Specialties Inc. (2011) > OraSure Technologies Inc. in its US$50.7M acquisition of DNA Genotek Inc. (2011) Real Estate > Specialty Care Inc. in its C$254M sale of a portfolio of 10 properties in Ontario to Leisureworld Senior Care Corporation. > Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) in its C$455M acquisition of a portion of TransGlobe Apartment REIT properties. (2012) > Marshall & Swift/Boeckh in its C$18M agreement with Symbility Solutions Inc. (2012) > Toronto-5001 Yonge Street Inc. in the C$108M sale of its office tower to Dundee Real Estate Investment Trust (2012) > Morguard Corporation and Morguard Real Estate Investment Trust in its $165M acquisition of Place Innovation located within Technoparc Montreal, the largest technology park in Canada. (2010) Technology > Dell Inc., as Canadian counsel, in connection with its US$24.4B privatization. (2013) > Permian Mud Services, Inc., as Canadian counsel, in its US$2.2B sale to Ecolab. (2012) > Dell Inc., as Canadian counsel, in its US$2.4B acquisition of Quest Software. (2012) > KRG Capital LLC, as Canadian counsel, in its investment in Convergint Technologies LLC, for an undisclosed amount. (2012) > The Carlyle Group, as Canadian counsel, in its US$3.3B acquisition of Getty Images Inc. from Hellman & Friedman LLC. (2012) > FMC Technologies, Inc., as Canadian counsel, in its C$282M acquisition of Pure Energy Services Ltd. (2012) > 20-20 Technologies Inc., in its C$77M acquisition by Vector Capital Corporation. (2012) > Toshiba Tec Corp., as Canadian counsel, in its US$850M acquisition of the point-ofsale terminal business from IBM Corp. (2012) > ABB Ltd., as Canadian counsel, in its US$3.9B acquisition of Thomas & Betts. (2012) Transportation and Travel > Westco Aircraft Holdings, Inc. in its C$134M acquisition of Interfast Inc. (2012) > Volkswagen AG in its $20B bid for German truck manufacturer MAN SE (2011) > Vector Aerospace Corporation in its C$625M sale of its issued and outstanding common shares to Eurocopter Holding, a subsidiary of EADS, by way of a take-over bid. (2011) > Dynamex Inc., as Canadian counsel, in connection with its US$248M sale to TransForce Inc. (2011) > Algoma Central Corporation with respect to its C$85M acquisition of Upper Lakes Group Inc.’s partnership interest in Seaway Marine Transport and related entities. (2011) STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP Competition Litigation Experience The Group’s recent competition litigation experience includes: > Pro Sys Consultants Ltd. v. Infineon Technologies AG. et al. (2013) Ontario, Quebec and British Columbia (acting for defendant in class actions commenced in Ontario, Quebec and British Columbia alleging price-fixing in computer memory chips called DRAM. Successfully defeated certification in British Columbia and Quebec at first instance. The British Columbia Court of Appeal overturned the dismissal of the certification motion; leave to appeal to the Supreme Court of Canada was dismissed. The Quebec Court of Appeal reversed the motion judge and authorized the proceeding as a class action, and the Supreme Court of Canada has now granted leave to appeal that decision. This is the first indirect purchaser price-fixing class action certified in Canada. The case raises many cutting edge issues regarding the test for certification and aggregate damages.) > Hi! Neighbour Flooring Covering Co. v. Future Foam (2013) Ontario and British Columbia (acting for defendant in class actions alleging price-fixing of polyurethane foam.) > Fanshawe College v. LG Display Co. et al. (2013) Ontario, British Columbia and Quebec (acting for defendants in three provinces in proposed class actions alleging price-fixing conspiracy in LCD panels and products. Contested certification motion has been argued and is under appeal in Ontario). > HarperCollins Publishing Inc. et al. (2012) British Colombia, Ontario and Quebec (alleging price-fixing in electronic books.) (Kay, Martineau) > Fairhurst v. DeBeers S.A et al. (2012) British Columbia, Ontario, Quebec, Saskatchewan (in a class action alleging price-fixing in Canadian diamond prices and resulting in a jurisdictional challenge in competition class action. The appeal in the British Columbia Court of Appeal was heard and leave to appeal to the Supreme Court of Canada was dismissed.) > Foster v. Briggs & Stratton et al. (2012) Ontario and Quebec (acting for defendant in proposed misrepresentation and conspiracy class action). > Commissioner of Competition v. Air Canada et al. (2012) Competition Tribunal (acted for Air Canada in its response to the Commissioner of Competition's application to the Competition Tribunal opposing the proposed Canada-U.S. cross-border joint venture with United Continental Holdings. The case was the first challenge under the civil competitor collaboration provisions added to the Competition Act in the 2009 amendments.) > 2038724 Ontario Limited et al. v. Gordon Food Services et al. (2011) Ontario (a franchise class action brought by franchisees alleging anti-competitive conduct with respect to distribution arrangements in place between Quiznos as franchisor and GFS as distributor.) > Commissioner of Competition v. Canadian Real Estate Association (2010) Competition Tribunal (acted for CREA in a case alleging abuse of dominance in the market for residential real estate brokerage services. The Commissioner alleges that CREA, by virtue of its ownership of certain MLS® trademarks, has abused its dominant position. The case was resolved in late 2010. It involved a number of groundbreaking legal issues, including the interplay between intellectual property and competition law). STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP C o mp etiti o n a n d F or e ig n In v es t m ent Group: RECOGNITION AND ACHIEVEMENTS "Excellent firm with an excellent grasp on the issues surrounding the competition/antitrust area. A key player in the market." Global Competition Review’s GCR 100 • Global Competition Review 100 (2013, 13th edition) Ranked as an Elite competition practice in Canada and included among the top leading global competition law practices by the Global Competition Review. • Chambers Global 2013: The World's Leading Lawyers for Business Ranked as among the best law firms in competition/antitrust in Canada by Chambers and Partners. Chambers notes: "There is important bench strength at Stikeman Elliott: the firm remains a force." "Strong players in competition." • Global Competition Review: Country Survey: Canada (2013) ranked as among the most talented and well-regarded in the country. • Best Lawyers in Canada 2014 Five group members listed in the area of Competition/Antitrust Law. • Global Competition Review: Top 100 Women in Antitrust 2013 One group member named in the top 100 women in antitrust survey • 2013 The International Who's Who of Competition Lawyers and Business Lawyers Members listed by Law Business Research. • 2013 Canadian Legal Lexpert Directory Four group members listed among those recommended in the area of Competition. • 2012 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada Two group members listed in the area of Competition. • 2012 Expert Guide to the World’s Leading Women in Business Law Two group members listed by Legal Media Group. • 2012 Expert Guide to the World's Leading Competition and Antitrust Lawyers Six group members listed in this publication by Legal Media Group. STIKEMAN ELLIOTT LLP COMPETITION AND FOREIGN INVESTMENT GROUP Stikeman Elliott’s Competition and Foreign Investment Group TORONTO Tel: (416) 869-5500 Paul Collins [email protected] Head of Competition and Foreign Investment Group Sultana Bennett [email protected] D. Jeffrey Brown [email protected] Jinky Dominguez, Law Clerk [email protected] Lawson Hunter, Q.C. [email protected] Susan M. Hutton [email protected] Katherine L. Kay [email protected] Michael Kilby [email protected] Eliot N. Kolers [email protected] Michael Laskey [email protected] Marisa Muchnik [email protected] Shawn C.D. Neylan [email protected] Ashley M. Piotrowski [email protected] Jennifer Rad, Law Clerk [email protected] Danielle K. Royal [email protected] Mark Walli [email protected] OTTAWA Tel: (613) 234-4555 Paul Beaudry [email protected] D. Jeffrey Brown [email protected] David Elder [email protected] Lawson Hunter, Q.C. [email protected] Susan M. Hutton [email protected] Nicholas McHaffie [email protected] Megan MacDonald [email protected] Alexandra Stockwell [email protected] MONTREAL Tel: (514) 397-3000 Louis P. Bélanger [email protected] Michel Décary [email protected] Stephen W. Hamilton [email protected] CALGARY Tel: (403) 266-9000 Chris W. Nixon [email protected] Brad Grant [email protected] VANCOUVER Tel: (604) 631-1300 Shawn C.D. Neylan [email protected] NEW YORK Tel: (212) 371-8855 Kenneth Ottenbreit [email protected] LONDON Tel: 44 20 7367-0150 Derek Linfield [email protected] SYDNEY Tel: (61-2) 8016 1602 Brian Hansen [email protected] STIKEMAN ELLIOTT LLP www.stikeman.com STIKEMAN ELLIOTT LLP www.stikeman.com STIKEMAN ELLIOTT’S COMPETITION LAW BLOG www.TheCompetitor.ca Canada’s Online Resource for Competition Law Developments and Analysis Featuring information and resources on relevant legal and policy developments including: – Merger notification, review and remedies – Criminal prosecutions – Class actions – Reviewable matters including abuse of dominance and refusal to deal – Investment Canada Act economic reviews – National security developments – Legislative and policy updates – Ministerial and enforcement agency appointments Fully searchable with archived materials, indexed by topic Subscribe for updates via e-mail, RSS or Twitter Visit Stikeman Elliott’s other blogs at www.stikeman.com STIKEMAN ELLIOTT LLP | MONTRÉAL TORONTO OTTAWA CALGARY VANCOUVER NEW YORK LONDON SYDNEY www.stikeman.com STIKEMAN ELLIOTT BUSINESS LAW BLOGS Stay up-to-date with information and analysis on key areas of Canadian business law – online. Stikeman Elliott’s growing roster of business law blogs will keep you in the know. CLASS ACTIONS | CanadianClassActionsLaw.com COMMUNICATIONS | CanadianCommunicationsLaw.com COMPETITION AND FOREIGN INVESTMENT | TheCompetitor.ca EMPLOYMENT, LABOUR AND PENSION | CanadianEmploymentPensionLaw.com ENERGY | CanadianEnergyLaw.com M&A | CanadianMandALaw.com MINING | CanadianMiningLaw.com PRODUCT LIABILITY | CanadianProductLiabilityLaw.com SECURITIES/CAPITAL MARKETS | CanadianSecuritiesLaw.com STRUCTURED FINANCE | CanadianStructuredFinanceLaw.com TECHNOLOGY AND INTELLECTUAL PROPERTY | CanadianTechnologyIPLaw.com email updates | rss | twitter Subscribe directly through any of our blog sites or go to www.stikeman.com STIKEMAN ELLIOTT LLP | MONTRÉAL TORONTO OTTAWA CALGARY VANCOUVER NEW YORK LONDON SYDNEY www.stikeman.com 0913 TORONTO 5300 Commerce Court West, 199 Bay Street, Toronto, ON, Canada M5L 1B9 Tel: (416) 869-5500 Fax: (416) 947-0866 MONTRÉAL 1155 René-Lévesque Blvd. West, 40th Floor, Montréal, QC, Canada H3B 3V2 Tel: (514) 397-3000 Fax: (514) 397-3222 OTTAWA Suite 1600, 50 O’Connor Street, Ottawa, ON, Canada K1P 6L2 Tel: (613) 234-4555 Fax: (613) 230-8877 CALGARY 4300 Bankers Hall West, 888 - 3rd Street S.W., Calgary, AB, Canada T2P 5C5 Tel: (403) 266-9000 Fax: (403) 266-9034 VANCOUVER Suite 1700, Park Place, 666 Burrard Street, Vancouver, BC, Canada V6C 2X8 Tel: (604) 631-1300 Fax: (604) 681-1825 NEW YORK 445 Park Avenue, 7th Floor, New York, NY 10022 Tel: (212) 371-8855 Fax: (212) 371-7087 STIKEMAN ELLIOTT LONDON Dauntsey House, 4B Frederick’s Place, London EC2R 8AB England Tel: 44 20 7367 0150 Fax: 44 20 7367 0160 Authorized and regulated by the Solicitors Regulation Authority, SRA No. 77786 SYDNEY Level 12, 50 Margaret Street, Sydney, N.S.W. 2000, Australia Tel: (61-2) 9232 7199 Fax: (61-2) 9232 6908 © STIKEMAN ELLIOTT LLP | www.stikeman.com This publication provides general commentary only and is not intended as legal advice. STIKEMAN ELLIOTT LLP SINCE 2008
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