On January 22 2021, Competition Commission of India (CCI) released its key findings and observation through its market study on the Telecom Sector in India.
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This regular alert covers key regulatory EU developments related
to the COVID-19 situation. It does not purport to provide an
exhaustive overview of developments and contains no analysis or
opinion.
COMPETITION
& STATE AID
Competition
EU approves new and amended Member State
measures to support the economy (see here and here)
Since the onset of the coronavirus outbreak, the European
Commission has adopted a significant number of State aid measures
under Article 107(2)b, Article 107(3)b and under the Temporary
Framework.
The most recent measures adopted to support the economy and
The Government of Canada recently announced changes to the monetary thresholds to determine whether a review is required under the Competition Act and Investment Canada Act.
New provisions implementing the ECN + Directive will come into force in 2021 and will expose business associations to significantly heavier and more dissuasive sanctions.
Introduction and Legislative framework
The Competition Act No. 89 of 1998 (Act) came into effect on 1
September 1999 and has been amended in terms of the Amendment Act
of 2009 and the Amendment Act of 2018. The 2018 amendments have
largely been brought into effect. However, there are a few
amendments that are not yet operational, most notably, the national security provisions that contemplate a
separate, parallel notification process for transactions involving
foreign acquiring firms.
The Act applies to all economic activity within, or having an
effect within, South Africa. It regulates mergers, restrictive
vertical and horizontal practices, dominant firm conduct and market
inquiries. The enforcement agencies are the Competition Commission