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US/Canada: Neighbors coordinate merger reviews

By  |  March 26, 2014

Officials in the US and Canada outlined methods or the two neighboring nations to cooperate on merger review guidelines as the nations set out best practices for conducting those reviews, reports say.

The US Department of Justice and the Federal Trade Commission met with Canada’s Competition Bureau and issued the guidance Tuesday, the day before the American Bar Association’s Antitrust Section Spring Meeting.

According to reports, the cooperation between the two nation aims to boost transparency in merger reviews. The guidelines will facilitate communications between the two countries and allow governments to follow similar merger review timelines, analysis and other procedures.

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