Quarterly merger report – Q1 2026

The quarter in brief

  • 50 notifications filed, and 71 waiver applications decided.
  • Phase 1 reviews concluded in a median 17 business days; waivers in 11.
  • Notifications filed had spent an estimated median 9 business days in pre-notification.
  • 92% of waivers were granted and 94% of phase 1 reviews ended in approval.
  • 2 matters referred to phase 2.