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Competition Bureau Seeks Comments On Draft Merger Remedy BulletinOTTAWA, October 19, 2005 - The Competition Bureau today issued its draft Information Bulletin on Merger Remedies in Canada for public comment. This document describes how the Bureau will seek, design and implement remedies to resolve competition concerns arising from a merger. The draft bulletin reflects the Bureau’s approach to remedies, notably, requirements for short divestiture deadlines, no minimum price provisions and, when necessary, crown jewels. Interested parties are invited to provide comments and/or suggestions on the information bulletin by January 20, 2006. These can be submitted by e-mail, fax, or regular mail. Submissions will be made available to the public and posted on the Bureau's Web site, except where confidentiality is specifically requested. The Competition Bureau will review the comments received and subsequently publish a final document. The Competition Bureau is an independent law enforcement agency that promotes and maintains fair competition so that all Canadians can benefit from competitive prices, product choice and quality service. It oversees the application of the Competition Act, the Consumer Packaging and Labelling Act, the Textile Labelling Act and the Precious Metals Marking Act.
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