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Global merger control: threshold updates, procedural reforms and enforcement highlights—March 2026

Published by a LexisNexis Competition expert

Practice notes

Over the course of the past month, annual adjustments have been made to merger control thresholds in Canada, Italy and the Philippines, while Montenegro has revamped its regime, introducing swifter timetables and more adaptable filing provisions.

Canada—thresholds remain the same in 2026

On 2 March 2026, the Canadian Competition Bureau (CCB) confirmed, after its yearly review, that Canadian merger notification thresholds will stay exactly as they are for 2026.

The thresholds remain (in brief):

size of transaction test: the target must be, or control, an operating business in Canada with more than CDN$93m (approximately €58.9m/US$66.6m) in Canadian assets (book value) or gross revenue produced by those assets from sales in, from or into Canada (ie domestic plus export sales), and
size of parties test: all parties and their affiliates (in aggregate) must together hold over CDN$400m (approximately €253.4m/US$286.3m) in Canadian assets or gross revenues derived from sales in, from or into Canada (ie domestic sales, exports and imports) (this threshold is unchanged and has stayed constant since 1986)

If the thresholds are satisfied, a filing is compulsory and completion should be paused until clearance is secured.

Additionally, on 27 March 2026, the CCB stated that the filing fee for merger review...

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Web page updated on 22/05/2026

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