FMT News: Canada’s largest newspaper publishers face competition probe

OTTAWA: Canada’s competition watchdog announced on Monday an investigation of the country’s largest newspaper publishers Torstar and Postmedia after the pair swapped and shuttered dozens of dailies last year.

“The Competition Bureau is investigating alleged anti-competitive conduct contrary to the conspiracy provisions of the Competition Act,” Commissioner John Pecman said in a statement, adding he was also examining possible merger violations.

No charges have been laid, and allegations of a “conspiracy” have not been tested in court.

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