8 February 2013
The supra-national merger control regime of the Common Market of Eastern and Southern Africa (COMESA) came into force on 14 January 2013. It has long review periods, potentially high filing fees and no jurisdictional thresholds, but does not prohibit closing prior to clearance. While the early indications are that the COMESA Competition Commission will apply its new powers pragmatically, important uncertainties remain.
This client briefing explores the key issues.