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New COMESA guidelines on merger assessment

27 January 2015

COMESA Competition Commission (CCC), established by the Competition Regulations of COMESA ("Rules") which is responsible for promoting competition in the common market, published its guidelines on the application of the Regulation in order to "Provide guidance to the parties to contemplating or in the process of merging Within the Common Market. Under the regulations, the CCC "may, as regards trade between Member States, monitor, investigate, detect, conclusions or take steps to prevent hitting ban and / or penalize companies whose activities trade substantially restrict competition in the common market "(Article 8 of the Regulations).

In this context, this article requires that the proposed merger with a regional dimension having a value equal to or over a certain threshold are to be reported to CCC .CCC makes mandatory reporting of certain of concentrations under the competition rules of the COMESA.

http://www.lexology.com/library/detail.aspx?g=8b847cbc-0aa2-49b6-b555-5e...

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