An Allowable Defence for a Merger According to Canada's Competition

question 113

Multiple Choice

An allowable defence for a merger according to Canada's Competition Bureau is that

• A)merging firms find it easier to decide how they will share the market.
• B)merging firms are more profitable because they no longer have to compete with one another.
• C)the gains in efficiency resulting from the merger more than offset any reductions in competition.
• D)merged and therefore bigger firms are better placed to compete globally.
• E)larger firms are easier to regulate.

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Definitions:

Transfer Of Title

The legal process of transferring property ownership from one party to another.

Personal Property

Personal property refers to movable assets or belongings that are not fixed to one location, such as furniture, vehicles, and electronic equipment, in contrast to real property.

Deed

A legal document that represents the ownership of real estate or property, which is transferred from one party to another.

Accession

The process or act of acquiring an increase, typically referring to the acquisition of new territory, property, or rights.