date:Oct 23, 2013
nsure fair competition in Canada, said it believes Empire's agreement to divest 23 retail stores resolves these concerns.
The agency is currently reviewing another major deal in the Canadian retail sector - Loblaw's C$12.4 billion ($12.1 billion)acquisition of Canada's biggest pharmacy chain, Shoppers Drug Mart Corp (SC.TO).
Competition law experts believe that the Shoppers deal, which was announced in July, is also likely to require some asset sales in order to win the bureau's approval.