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ARTICLE · 14 DECEMBER 2012

The Merger Control Review - South Africa (Third Edition)

South African merger control has developed in leaps and bounds in sophistication, and international trends and norms are very closely ascribed to by the South African competition regulators.

South AfricaAntitrust/Competition Law

Authors: Lee Mendelsohn and Amy van Buuren1

I INTRODUCTION

Since the promulgation of the Competition Act, 89 of 1998 ('the Competition Act'), and its coming into effect in September 1999, mergers (defined as the acquisition or establishment of control by one or more firms over the whole or part of the business of another firm) that meet the prescribed monetary thresholds must be notified to and approved by the South African competition authorities before they may be implemented.

South African merger control has developed in leaps and bounds in sophistication, and international trends and norms are very closely ascribed to by the South African competition regulators. That said, South African merger control is also uniquely South African, in that analysis of both classic competition issues (the negative effect of a transaction on competitive conditions weighed against the efficiencies arising therefrom) and public interest issues (notably the impact of a

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