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Two Large Steel Companies with Combined Assets of $900 Million

Question 62

Multiple Choice

Two large steel companies with combined assets of $900 million want to merge. Which of the following statements is FALSE? The two companies


A) can proceed with the merger and only have to notify the Competition Bureau if shareholders request it
B) can have the merger blocked by the Competition Bureau
C) can have terms imposed on the merger by the Competition Bureau
D) will be reviewed to determine if the merger substantially lessens competition
E) will be guilty of a criminal offence if they do not notify the Competition Bureau of the merger

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