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Canada’s Competition Bureau will have more time to review, stop mergers: Champagne

Minister of Innovation François-Philippe Champagne said Tuesday that the Canadian government would give the Competition Bureau more time to review mergers, as well as more powers to stop mergers that prevent a risk to Canadian intellectual property. Champagne added that the government will freeze the transaction-size threshold for 2024 at $93 million to ensure a greater number of mergers will be automatically reviewed.

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