01:17 | May 22, 202400:50 | May 21, 202402:35 | May 21, 202401:55 | May 22, 202400:27 | May 21, 202402:14 | May 21, 2024Minister 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.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.