Keyera Shares Plunge as Regulator Challenges Plains Gas Deal


“We’ve identified Pembina is the only effective remaining competitor in Saskatchewan hub,” Hira Ahmad, the bureau’s manager of competition law, said during a media briefing. “The fact that Pembina is the only other competitor already suggests to us that is the highly concentrated industry. And with this merger now between Keyera and Plains, this concentration is likely to increase and harm competition.”



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