The Council of Ministers of the Common Market for Eastern and Southern Africa adopts an amendment to the COMESA competition rules on the determination of merger notification thresholds

Updated Merger Filing Rules in COMESA* The Council of Ministers of the Common Market for Eastern and Southern Africa (“COMESA”) has adopted an amendment to the COMESA Competition Rules on the Determination of Merger Notification Thresholds. Companies now have greater clarity as to when they will be obliged to notify mergers under the regional competition law regime in operation across the 19 African countries that constitute COMESA. The new amendment will have major implications for companies that either do business generally in COMESA Member States and/or are considering undertaking acquisitions or disposals of assets in these States. This is because a failure to comply with the rules potentially involves significant penalties such as fines on the parties concerned and the potential

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Gianni De Stefano, The Council of Ministers of the Common Market for Eastern and Southern Africa adopts an amendment to the COMESA competition rules on the determination of merger notification thresholds, 26 March 2015, e-Competitions March 2015, Art. N° 72664

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