www.postcom.org/public/2002/bul33-02.htm -
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Published on: 11/17/2001
Last Visited: 8/12/2002
Todd Anderson, president of the Canadian Booksellers Association, said in a statement that Amazon was using the Canada Post to "circumvent the act and to permit (Amazon) to implement a massive onslaught into this Canadian cultural industry.Even more egregious is Canada Post's direct participation in the promotion of Amazon throughout Canada."He added that the associations members, "including hundreds of small and medium-sized urban and rural retail bookstores, are being denied the intent that the act and book policy were intended to provide."
The Department of Canadian Heritage ruled in July that Amazon's entry was not subject to the Investment Canada Act, stating that "in order for the Investment Canada Act to apply to an investment by a non-Canadian, the investment must involve the establishment of a new Canadian business or the acquisition of control of an existing Canadian business."
TGP TO PURSUE UK MARKET.TPG, the Dutch postal group, this week underlined the danger it poses to Consignia by unveiling strong second-quarter profits and promising to launch a full offensive on the UK market from next April, according to The Guardian.The company, which scrapped merger talks with Consignia earlier this year, said it had no interest in reviving those contacts and was fully focused on head-to-head competition when liberalization allowed it.