The Common Market for Eastern and Southern Africa (COMESA) institutes a new supra-national African competition law regime

A new supra-national African competition law regime, the COMESA Competition Commission ("CCC"), began operations in January 2013. This new regime includes new merger control regulations likely to have a significant impact on international businesses with local operations in the region. The CCC is intended to streamline regulatory approvals for transactions by operating as a one-stop shop for merging companies. However, with potentially lengthy merger reviews, suspension of transactions, onerous filing fees, and heavy sanctions for non-compliance, the new CCC may lead to delays in global and regional transactions. Companies operating in the region will need to carefully evaluate the potential effect of this new set of competition laws on their transactions and businesses. COMESA.

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Francesco Liberatore, Alexandre G. Verheyden, Johannes Zöttl, The Common Market for Eastern and Southern Africa (COMESA) institutes a new supra-national African competition law regime, 14 January 2013, e-Competitions Bulletin January 2013, Art. N° 50888

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