Merger review under the Competition Act: reflections on the first decade.

The merger review processes that Canada has developed since the enactment of the Competition Act in 1986 have succeeded in providing businesses and practitioners with more extensive guidance than can be found in any other jurisdiction, but there are still areas of competition policy that could be improved. Authorities could improve information request procedures, the timing of merger reviews and allocation of resources. Areas of substantive law that need clarification include ease of entry, efficiency gains and anticompetitive effects analysis.