“In a nutshell, mergers and acquisitions are important for the efficient functioning of the economy. They allow businesses to achieve efficiencies and diversify risk across a range of activities. However, the Competition and Consumer Act prohibits mergers that would have the effect, or be likely to have the effect, of substantially lessening competition in a market. Competition and Consumer Act“Therefore, I need you three to drive home the argument that the benefits of this merger far outweigh the risk and the economy is the winner here. The alternative is potentially two failed businesses because these two businesses are not sustainable on their own.” Sam looked around the table. The three lawyers looked too afraid to say a word and simply nodded their heads in agreement. She looked at

