Show all postsFiltered by tag: Competition Act

2016 Competition Act and Investment Canada Act Thresholds Announced

1. Competition Act

Earlier today, the Canadian Competition Bureau (the Bureau) announced that the pre-merger notification Transaction-Size threshold will increase from $86 million to $87 million for 2016. The new threshold, which is revised annually and is indexed to the growth of Canadian GDP, will come into immediate effect following the publication of the Canada Gazette Part 1 (anticipated to occur on February 6, 2016).

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Staple Jam: Bureau Challenges Staples/Office Depot Merger

Yesterday, the Commissioner of Competition (the “Commissioner”) filed an application to the Competition Tribunal challenging Staples, Inc.’s (“Staples”) proposed acquisition of Office Depot Inc. (“Office Depot”). The Commissioner’s announcement coincided with the US Federal Trade Commission’s (the “FTC”) parallel challenge south of the border.

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