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Ted Banks Named as Compliance Monitor by the Competition Bureau of Canada

Ted Banks was recently named as Compliance Monitor by the Competition Bureau of Canada to oversee compliance with a Consent Agreement issued in connection with a proposed joint venture between Air Canada and United Airlines.  According to the Agreement, the airlines are not allowed to share commercially sensitive information on 14 key routes between Canada and the United States where the Competition Bureau was concerned that the combined market share of the two carriers might lead to significant price increases.