Competition Bureau Canada
Today, the Competition Bureau announced that the filing fee for merger reviews will increase from $82,719.12 to $86,358.76, effective April 1, 2024. The increase is a result of an annual adjustment described in the Service Fees Act.
The Competition Act requires that entities notify the Bureau if proposed mergers, acquisitions and other transactions meet certain thresholds. The Bureau reviews these notifiable transactions to determine if they are likely to substantially prevent or lessen competition. The filing fee applies to parties who are filing a pre-merger notification or requesting an Advance Ruling Certificate.
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