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ARTICLE · 19 DECEMBER 2012

New Developments In Namibian Competition Law

ENS
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The publication of Government Gazette No. 288 and 289 of 2012 on Friday 7 December 2012 has given rise to two new developments in Namibian competition law.

South AfricaAntitrust/Competition Law
Natalia Lopes
Natalia Lopes
Amy Van Buuren
Amy Van Buuren
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The publication of Government Gazette No. 288 and 289 of 2012 on Friday 7 December 2012 has given rise to two new developments in Namibian competition law.

Firstly, despite having a functioning competition law regime for almost a decade, the Namibian competition authorities published monetary merger notification thresholds for the first time on Friday, 7 December 2012.

Prior to the publication of these thresholds, parties seeking to implement any transaction meeting the definition of a "merger" (as contemplated in section 42 of the Namibian Competition Act No 2 of 2003) were obliged to notify the transaction to the Namibian Competition Commission and procure its approval for implementation. 

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