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Pre-merger notification threshold increased to $80 million

The Competition Bureau announced on February 8, 2013, that the pre-merger notification size threshold will increase to $80 million, effective January 12, 2013. The party size threshold remains set at $400 million.

Generally, the Bureau must be notified of a proposed merger before closing where:

1.The transaction relates to an operating business in Canada;

2.The target firm has assets in Canada or revenues from sales in or from Canada of more than $80 million; and

3.The parties collectively, including their affiliates, have assets in Canada of more than $400 million or revenues from sales in, from, or into Canada, of more than $400 million.

Masiel A. Matus
Affleck Greene McMurtry LLP

Masiel A. Matus

Masiel Matus consistently demonstrates strong knowledge and ability in the areas of commercial litigation, class action defence, employment and competition law. Masiel has provided diligent case management and litigation support in several complex litigation trials, making her a trusted and valued member of the Affleck Greene McMurtry LLP team.

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AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR LIVE

Affleck Greene McMurtry LLP
365 Bay Street, Suite 200  ·  Toronto, Canada
416 360 2800  ·  info@agmlawyers.com
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