Merger Review – Competition Law Enforcement
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Under the Competition Act, mergers of all sizes and in all sectors of the economy are subject to review by the Commissioner of Competition to determine whether they will likely result in a substantial lessening or prevention of competition. The Commissioner of Competition must be notified of all mergers that exceed certain size thresholds prior to completion. Failure to notify is a criminal offence. (Competition Law Enforcement and Promotion, Innovation, Science and Economic Development Canada.)
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