Aug. 19, 2024 - Following the Canadian Competition Bureau’s 2023 Retail Grocery Market Study in which it recommended that provincial and territorial governments take measures to limit property controls in the grocery industry, including banning their use, the Bureau recently released for public comment a...
Pre-Merger Notification Guide: Canada’s Competition Act
Canada’s Competition Act provides that certain types of transactions exceeding monetary and other thresholds must be notified to the Competition Bureau prior to closing. Parties whose transactions exceed these thresholds and who fail to comply with the rules may face significant penalties, including the potential unwinding of the transaction.
This step-by-step guide is designed to assist you in determining whether your proposed transaction is subject to mandatory pre-merger notification under the Competition Act. We set out all you need to know about the relevant thresholds for 2021, statutory requirements for notification and clearance, and recent trends for merging parties to consider.
Key Contacts
Related
July 24, 2024 - Canada’s Minister of Innovation, Science and Industry (Minister) recently issued a Ministerial Statement on Net Benefit Reviews of Canadian Critical Minerals Companies. Transactions involving important Canadian mining companies engaged in significant critical minerals operations that are subject...