New COMESA Merger Control Guidelines published [Japanese Version]
18 November 2014
The COMESA Competition Commission (the CCC) – the regional competition authority for the 19-country Common Market of Eastern and Southern Africa (COMESA) – has published new Merger Assessment Guidelines. These address many of the initial problems of the nascent regime, in particular by introducing new (albeit low) filing thresholds and adopting a broadly sensible approach to issues of jurisdiction and procedure.
Key issues:
- What are the new filing thresholds?
- How long does clearance take?
- How will the CCC assess mergers, and requests for referrals from national authorities?
- Why have filing fees not been lowered, and filing thresholds not been set higher?