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"Canada's Draft Service Standards for Merger Review: Plus Ça Change, Plus C'est La Même Chose?", The CPI Antitrust Journal, August 2010
Author(s): Walker, Sandy
Date: November 3 2010
Canada's merger review process has always suffered from schizophrenia. Unlike in the EU and United States, the timeline for the substantive merger review process has never been aligned with the statutory waiting periods. Absent an injunction, once the statutory waiting periods have expired, the parties are free to close a transaction. However, the expiry of the waiting period has never offered the merging parties any comfort that their proposed transaction would not be challenged under the Competition Act post-closing.

Republished with permission. This article appeared in the August 2010 edition of The CPI Antitrust Journal.

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