Canada Unveils Updated Merger Review Guidelines

Law360, New York (January 12, 2012, 5:31 PM EST) -- The Canadian Competition Bureau on Wednesday published revised guidelines describing its approach to administering a two-stage merger review process, providing increased guidance on the process of issuing supplementary information requests.

The new guidelines replace the original guidelines, which were issued Sept. 18, 2009, and provided the initial guidance on the implementation of the two-stage review under Canada's Competition Act, which went into force in March 2009.

The two-stage process involves an initial 30-day waiting period during which most mergers are cleared, except those mergers the bureau...
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