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What does ARC stand for?

ARC stands for Advance Ruling Certificates

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Advance Ruling Certificates An Advance Ruling Certificate (ARC) may be issued by the Commissioner to a party or parties to a proposed merger transaction who want to be assured that the transaction will not give rise to proceedings under section 92 of the Act. Section 102 of the Act provides that an ARC may be issued when the Commissioner is satisfied that there would not be sufficient grounds on which to apply to the Competition Tribunal for an order against a proposed merger.
This publication replaces the following Competition Bureau publications: Enforcement Guidelines — Notifiable Transactions and Advance Ruling Certificates.