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'Failing firm' merger review standards won't be eased amid pandemic, Canadian official says

By Richard Vanderford ( October 20, 2020, 22:21 GMT | Insight) -- Mergers that involve a failing company won't be reviewed under a relaxed standard, despite pandemic pressures, a senior Canadian competition official said. Canada's Competition Bureau expects more mergers to involve distressed companies as the Covid-19 pandemic continues to cause havoc in the economy, but isn't prepared to go easy in the merger review process, Anthony Durocher said.Mergers that involve a failing company won't be reviewed under a relaxed standard, despite pandemic pressures, a senior Canadian competition official said....

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