The COMESA Competition Commission establishes an informal procedure to determine whether a transaction is reportable under its merger control rules, in order to "remedy" the zero turnover or assets thresholds

New Developments in the COMESA Merger Control Regime – On the Path to Maturity* The Common Market of Eastern and Southern Africa (“COMESA”) is a supranational organisation with 19 Member States: Burundi, Comoros, Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Namibia, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe. The COMESA Competition Commission (“CCC”) commenced operations on 14 January 2013 and implements a supra-national merger control regime (as well as other competition provisions) under: • the COMESA Competition Rules; and • the COMESA Competition Regulations 2004 (the “Regulations”). In a nutshell, the COMESA merger control regime is based on the following rules: • zero turnover or asset thresholds apply.

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  • Sheppard, Mullin, Richter & Hampton (Brussels)

Citation

Dimitris Vallindas, The COMESA Competition Commission establishes an informal procedure to determine whether a transaction is reportable under its merger control rules, in order to "remedy" the zero turnover or assets thresholds, 24 février 2014, e-Competitions February 2014, Art. N° 65615

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