Competition Bureau seeks input on RBC’s proposed takeover of HSBC Bank Canada

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Competition Bureau seeks input on RBC’s proposed takeover of HSBC Bank Canada
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Agency says it’s looking for input from market participants and Canadians on a range of areas

The Competition Bureau has put out a call for information to help it review Royal Bank of Canada’s proposed takeover of HSBC Bank Canada.

It says the type of information it’s interested to hear about include what kind of rivalry there is between RBC and HSBC as well as with other banks, what kind of effect the deal might have on price, quality or choice, and how easy it is to switch between banks.

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