OTTAWA/TORONTO (Reuters) – Canadian consumers may have ended up paying higher prices for cellphones and wireless services because of contracts between Apple Inc’s Canadian unit and domestic carriers, the Canadian Competition Bureau said in a court filing this week.
The iPhone has given Apple extraordinary bargaining power with mobile carriers around the world, and the Canadian watchdog wants to know if it used that leverage to force domestic operators to sell rival devices at a higher price than they otherwise would have.
TORONTO, Dec 12 (Reuters) – Canada’s main stock index ended
1.25 percent lower on Friday as a raid on the Montreal offices
of gaming company Amaya Inc weighed on its shares and
those of two financial firms also involved in the securities
The index, buffeted by plunging oil prices that have hit
domestic energy producers hard, lost more than 5 percent on the
week, its biggest weeklong slip since September 2011.