Competition Bureau Draft Model Timing Agreement

The Competition Bureau recently released a draft model timing agreement for use in merger reviews. This tool aims to provide greater transparency and predictability to parties involved in merger reviews, as well as to streamline the review process.

The draft model timing agreement sets out a timetable for the parties involved in a merger review, outlining key milestones and deadlines for each stage of the review process. This includes the initial pre-merger notification, the request for information phase, and the final decision-making process.

One of the key benefits of this tool is the increased transparency it provides. By setting out a clear timeline for the review process, parties involved in a merger can better plan and allocate resources. This can help to avoid unnecessary delays and ensure that all parties are aware of the timeline for the review.

In addition to providing greater transparency, the draft model timing agreement also aims to streamline the review process. By setting out clear deadlines for each stage of the process, parties can better focus their efforts and avoid unnecessary delays. This can help to ensure that reviews are completed in a timely and efficient manner.

Overall, the Competition Bureau`s draft model timing agreement is an important tool for parties involved in merger reviews. By providing greater transparency and predictability, it can help to ensure that reviews are completed in a timely and efficient manner. It is important for companies to review this draft model timing agreement and understand how it can impact their merger reviews.


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