Pre-Merger Notification Guide: Canada’s Competition Act
Traduction en cours.
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.