Parrish & Heimbecker’s (P&H) purchase of a grain elevator in Virden, Man., doesn’t substantially reduce competition for the purchase of wheat and canola in the surrounding area.
That’s the decision the Competition Tribunal made after reviewing P&H’s acquisition of the elevator from Louis Dreyfus Company (LDC) in September 2019.
The Competition Bureau, an independent law enforcement agency tasked with protecting and promoting competition for the benefit of Canadian consumers and businesses, launched the challenge in December 2019.