Numerous competition authorities in Africa are aware of the effects of unjustified price hikes and excessive pricing on already vulnerable economies. They have responded by establishing specialised investigation teams, refocusing existing resources to COVID-19 specific complaints and introducing new competition regulations – as is the case in South Africa. African…
In brief COVID-19 has brought about unfavorable consequences for companies and many of them will be facing financial hardships in the aftermath of the pandemic. One of the most effective ways in which companies may address financial di756876 stress is through mergers. Lerisha Naidu, Sphesihle Nxumalo, and Thando Thabethe, from…
The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent, who have expressed concerns over sudden price hikes of healthcare and hygiene products as well as identified essential products. This has prompted rapid responses from African…
The South African government has been promptly responsive in formulating ways in which to maintain business viability so as to minimise the undoubtedly crippling effects of COVID-19 and to ensure swift and effective healthcare service in the country. To this end, the Minister of Trade, Industry and Competition in South…
In these unprecedented times, companies are grappling with the effects of the outbreak on doing business, including formulating ways in which to maintain business performance, at best, and avoid being completely crippled by the effects of the global pandemic, at worst. These circumstances may give rise to heightened incidences of…
In November 2019, Kenya introduced The Competition Rules, 2019 to govern the Competition Authority of Kenya’s functions under the Competition Act No 12 of 2010. Some of the key changes in relation to merger control are set out below. Merger thresholds Notifiable mergers A merger must now meet any of…
Download publication Antitrust law in Africa is growing at a rapid rate with the introduction of laws and regulations, increase in memberships to regional antitrust bodies and ramped-up enforcement by domestic and regional regulators. Since the beginning of 2018, domestic competition legislation has been enacted in Angola and Nigeria, and…