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ARTICLE · 24 JUNE 2013

COMESA's Competition Commission Commences Operations

A new supra-national merger control regime for Africa comprising 19 eastern and southern African states must now be added to companies' checklist of regulatory approvals needed in global or regional transactions.

GlobalAntitrust/Competition Law
John Davies
John Davies
Thomas Janssens
Thomas Janssens
Chantal Lavoie
Chantal Lavoie

Summary

A new supra-national  merger control regime for Africa comprising 19 eastern and southern African states must now be added to companies' checklist of regulatory approvals needed in global or regional transactions. COMESA's Competition Commission opened for business on 14 January 2013 but many questions about how the new regime will work remain unanswered at this stage and are likely to add uncertainty and complexity for companies that are active in the region. Going forward, COMESA's rules on anti-competitive practices will also need to be factored into the review of business arrangements impacting on the COMESA region. Companies in the region and beyond will now need to take into account this new set of competition law rules and requirements as a part of their business transactions and compliance programmes.

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