COMPETITION ACT: DRAFT GUIDELINES ON INDIVISIBLE TRANSACTIONS OUT FOR COMMENT

The Competition Commission has called for input by 26 July 2024 on draft guidelines for indivisible transactions under the Competition Act, 1998. Their purpose is to assist merger parties when structuring and notifying the Commission of multiple transactions.

Against that backdrop, once finalised the guidelines:

  • will outline the Commission’s approach ‘when evaluating whether two or more transactions … can be filed … under a single merger notification where each transaction on its own constitutes a merger’.
  • will not be market, sector or industry specific, and
  • will not prevent the Commission from ‘exercising its discretion on a case-by-case basis … (as to) whether multiple transactions should be notified and assessed under a single merger filing’.

Please click the link below for more information:

Published by SA Legal Academy Policy Watch

Follow us on X @SALegalAcademy (you can also join us on LinkedIn and Facebook)

There are not comments for this article at the moment, check back later.
You must be logged in to add a comment, log in now.
Need Help ?

Explore Smarty