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New guidelines aim to capture more notifiable mergers

New guidelines aim to capture more notifiable mergers
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New guidelines aim to expand records of notifiable mergers

Appreciating perspective of our travellers - domestic, regional and international - has become something of an obsession for those of us honoured with the task of polishing the crown jewels of South Africa s tourism and showcasing them to the world.

Africa: Competition in the Digital Economy

Africa: Competition in the Digital Economy
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New rules will impact tech companies in South Africa – what you should know

Digital mergers potentially face greater scrutiny

The Competition Commission has invited public comment on proposed amendments to its Small Merger Guidelines, which expand the scope of potentially notifiable mergers in digital markets On 11 May 2021, the Competition Commission (Commission) invited public comment on proposed amendments to its Small Merger Guidelines (the Guidelines) (Government Gazette No.44545 ). Significantly, the Guidelines propose that, if certain criteria are met, the Commission must be informed of all small mergers and acquisitions where the merger parties operate in digital markets. Small mergers are transactions that do not meet the prescribed intermediate or large merger thresholds. This proposal substantially expands the scope of potentially notifiable mergers and could create regulatory hurdles for firms engaging in transactions in this space.

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