n Without Prejudice - Developments in Africa's Competition Law : Africa
|Article Title||Developments in Africa's Competition Law : Africa|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jan 2014|
|Pages||8 - 9|
Competition law developments in Africa continue to be closely monitored globally. Regional competition law in Africa took the spotlight in 2013, with the introduction of COMESA Competition Commission (the CCC) on January 14 2013. The CCC's initial year was not without serious challenges. In particular, the international business and legal community raised concerns about the merger filing thresholds being set at nil and the high filing fees payable for merger notifications to the CCC. Certain regulators within the COMESA region itself have not accepted the CCC as a "one stop shop" for merger notifications, and the COMESA Competition Regulations are dated and unclear in many respects, making their interpretation and application problematic.
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