Keyera Corp. has closed its deal to buy the Canadian natural gas liquids business of U.S. firm Plains All American Pipeline L.P. despite a challenge launched by the federal competition regulator. The company says it completed the acquisition Tuesday for $5.3 billion including closing adjustments.
Under its terms, Adobe says customers that cancelled its 'annual billed monthly' subscription after more than two weeks are subject to a cancellation fee equating to 50 percent of the yearly cost. After they end the plan, the user only has access to the software until the close of that month's billing period.
The penalty the bureau is proposing would either be three times the value of the benefit derived from Google's allegedly anticompetitive practices or, "if that amount cannot be reasonably determined," three per cent of Google's annual worldwide gross revenues. Google said that could leave it paying up to $91-billion - a sum it described as "shocking, gargantuan" and "unprecedented in Canadian history" because it is hundreds of times larger than the biggest criminal fines ever imposed.
Oil distributors, retailers and wholesalers have been accused of taking advantage of the crisis in the Middle East to price gouge Irish consumers, farmers and businesses. Home-heating oil prices have now shot up by €500 for 1,000 litres since last week, with petrol and diesel also surging at the pumps.
