COMESA COMPETITION COMMISSION OPENS ITS DOORS

Friday, January 18, 2013
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The Competition Commission (the “Commission”) for the Common Market for Eastern and Southern Africa (“COMESA”) region announced on 14 January that it is now operational and has started receiving merger notifcations. The Regulations governing COMESA's operations, which were adopted in December 2004, are also effective with effect from 14 January, with various aspects of the Regulations having been amended, including provisions relating to merger filing fees, exemption application fees and application for authorization fees. Maximum penalties for the contravention of the Rules have also been provided for. Importantly, for merging parties, the thresholds for merger notifications have been set at zero, meaning that all mergers with a COMESA dimension are now notifiable.

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