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ARTICLE · 05 MAY 2020

Canadian Competition Bureau Increases Filing Fees For Merger Reviews

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Effective April 1, 2020, the filing fee for merger reviews under the Competition Act is now $75,055.68 (up from $73,584), following a recent announcement from the Canadian Competition Bureau.

CanadaAntitrust/Competition Law
Penny Yeager
Penny Yeager
Aaron Vogel
Aaron Vogel
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Effective April 1, 2020, the filing fee for merger reviews under the Competition Act is now $75,055.68 (up from $73,584), following a recent announcement from the Canadian Competition Bureau.

The filing fee is adjusted annually for inflation, and applies to companies filing a pre-merger notification and/or requesting an Advance Ruling Certificate from the Commissioner of Competition, who is the head of the Bureau.

Whenever parties wish to complete a transaction that exceeds prescribed thresholds under the Act, they must make a pre-closing filing to the Commissioner. The Commissioner reviews all "notifiable" transactions to determine if they are likely to prevent or lessen competition substantially in the relevant market.

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