Tuesday, October 27, 2009
Posted by D. Daniel Sokol
Steve Szentesi (IP & Competition Law Canada) explains Convergence and Canada's New Merger Control Law.
ABSTRACT: As a result of sweeping amendments to the Act earlier this year, significant changes were made to Canada’s merger control regime which now means that Canada’s law is more closely aligned with the merger notification process in the U.S. under the Hart-Scott-Rodino Antitrust Improvements Act (“HSR Act”). This paper discusses Canada’s prior merger control regime, the recent amendments, areas of convergence with other major jurisdictions and some of the key impacts for domestic and international companies as a result of the changes.