Where a proposed merger,acquisition,or takeover is considered to be adverse to competition,the Competition Bureau may step in to prevent the transaction.

Question

Quizplus · Accepted Answer

This is a correct statement. The Competition Bureau has the authority to review mergers, acquisitions, and takeovers under the Competition Act to determine if they will result in a substantial lessening or prevention of competition in a relevant market. If the Bureau finds that a proposed transaction is likely to be anti-competitive, it may seek to prevent the merger or negotiate conditions to address the competition concerns.

Where a Proposed Merger,acquisition,or Takeover Is Considered to Be Adverse