As illustrated in the table above, the Commission has the initial 20 business days to investigate intermediate and small mergers. The Commission can, however, extend the investigation days by 40 business days (refer to section13 (5)(a), or section 14 (1)(a) of the Act). With regards to large mergers, the Commission has the initial 40 business days to investigate, the investigation days can be extended with a maximum of 15 days per request with consent from the merging parties and the Competition Tribunal (refer to section 14A(1)(b), 13(5)(a), 14(1)(a) of the Act and Rule 34(2)(a) of the Commission’s Rules.