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Competition Act, 1998 (Act No. 89 of 1998)

Competition Commission Rules

Part 6 - Merger Procedures

36. Large mergers

 

1) Upon receiving notice of a large merger the Commission must refer the merger to the Tribunal in terms of section 14(3).

 

2) The Commission must submit a recommendation in Form CC 17 in respect of a large merger, with reasons for that recommendation, to the Tribunal and the Minister within—
a) 60 days after receiving the Merger Notice; or
b) a longer period established by the Tribunal for that merger in Form CT 9, but the Tribunal must not grant an extension of more than 20 days at a time.

 

3) The Commission must deliver to each participant in the proceedings a copy of its referral, and its recommendation and reasons.