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International merger control round-up, November 2022: Canada Competition Act review, KFTC guideline reforms, gun-jumping ruling in Poland, and updates from Estonia, Finland, China and Thailand

Published by a LexisNexis Competition expert

Practice notes

This month, the Government of Canada opened a consultation on further reforms to the Canadian Competition Act, including proposals on the merger control regime, and the Korean Fair Trade Commission began a consultation on proposed amendments to the M&A Review Guidelines.

Canada—Government announces review of the Canadian Competition Act

On 17 November 2022, the Government of Canada issued a paper launching a wide-ranging review of Canada’s Competition Act.

It identifies five principal areas for possible change, among them merger control.

Rather than setting out concrete legislative recommendations, it poses open questions for debate, albeit with some policy signposts.

On merger control, the headline issues are:

Thresholds and non-notifiable mergers: the paper asks whether existing notification thresholds are calibrated to capture significant deals, and whether non-notifiable transactions should remain open to review and challenge for a longer period, as was previously the case.
Preventing closing: under Canadian merger control, the Competition Authority can seek an injunction while a merger is being challenged...

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Web page updated on 21/05/2026

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