Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Thursday, October 30, 2014

Tim Hortons Sale To Burger King Gets Competition Bureau Green Light

OTTAWA - Canada's Competition Bureau has approved Burger King's plan to buy Tim Hortons Inc. (TSX:THI).

The federal regulator ruled Tuesday the deal was unlikely to reduce competition "due to, among other things, the existence of a large number of competitors and the low barriers to entry in the fast food industry."

Burger King has offered US$11 billion for the Canadian coffee chain.

The deal still faces a review under the Investment Canada Act and requires approval by Tim Hortons shareholders.

Burger King and Tim Hortons announced the deal in August.

The combination of the two companies would create the world's third-largest quick service restaurant company, with about $23 billion in system sales and more than 18,000 restaurants in 100 countries.

Original Article
Source: huffingtonpost.ca/
Author: CP
Topics: , , , ,

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