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NHL cleared by antitrust watchdog

The NHL won a legal faceoff yesterday when Canada’s antitrust watchdogsaid there was nothing improper in its handling of a failed bid for theNashville Predators.


The NHL won a legal faceoff yesterday when Canada’s antitrust watchdog said there was nothing improper in its handling of a failed bid for the Nashville Predators.

The Competition Bureau started an investigation last year when the NHL reportedly balked at an attempt by Canadian billionaire Jim Balsillie, co-chief executive of BlackBerry maker Research In Motion, to buy the Nashville team with an eye to moving the club to southern Ontario.

Locating the team in Hamilton would have put it in direct market competition with the Toronto Maple Leafs and Buffalo Sabres, but there was no evidence the NHL blocked the move for antitrust reasons, the regulators said.



 
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