Canadian Competition Law Reform: A Diagnosis and Proposals for Reform of Canada’s Ineffective Merger Notification Rules
|Area||Competition, Antitrust and Foreign Investment|
Article originally published on Competition Policy International (CPI), February 2018
Excerpt from "Canadian Competition Law Reform: A Diagnosis and Proposals for Reform of Canada’s Ineffective Merger Notification Rules":
Canada’s Competition Act (the “Act”), like competition laws in many other jurisdictions, contains merger notification rules. Put simply, these rules require that where parties to a M&A transaction exceed specified economic thresholds, the parties must notify Canada’s competition agency, the Competition Bureau (the “CCB”), prior to closing. The rules’ main purpose is to ensure the CCB is notified of, and given time to review, those M&A transactions deemed most likely to give rise to potential harm to competition.
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