OTTAWA, April 11, 2012 — The Competition Bureau today published Pre-Merger Notification Interpretation Guideline Number 15: Assets in Canada and Gross Revenues from Sales in, from or into Canada (Sections 109 and 110 of the Act) for consultation.
Interpretation Guideline 15 provides guidance on how to calculate the aggregate value of assets in Canada and the gross revenues from sales in, from or into Canada. It also provides information on how to determine whether gross revenues from sales are generated from assets in Canada. This guidance may assist businesses in determining whether the parties-size and transaction-size thresholds under sections 109 and 110 of the Act are exceeded.
Interested parties are asked to e-mail, fax, or mail their comments no later than the close of business on June 13, 2012, to:Merger Notification Unit
50 Victoria Street
Gatineau, Quebec K1A 0C9
Telephone: (819) 953-4297 or
Fax: (819) 953-6169
The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.
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