06/17/2015 15:32 EDT | Updated 06/17/2016 01:12 EDT

Federal Competition Bureau allows H.J. Heinz-Kraft Foods merger deal

OTTAWA - The Competition Bureau has given its OK to the proposed merger of H.J. Heinz Co. and Kraft Foods Group. The bureau says given the differentiation between the brands, effective remaining competition and low barriers to entry, that the merger is unlikely to result in a substantial lessening or prevention of competition.