Correspondent, Toronto, Canada
Alastair's Feed
Dec 15, 2014
Dec 15, 2014
Dec 12, 2014

Apple pacts in Canada may have raised prices: court filing

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.

Dec 12, 2014
Dec 12, 2014

TSX falls 5 pct on week; Amaya slumps on raid

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
regulator probe.

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.

Dec 11, 2014
Dec 11, 2014
Dec 11, 2014
Dec 11, 2014
Dec 11, 2014
    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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