Event Details
As you may have noted that the Competition Commission has published draft Guidelines in relation to its assessment of public interest considerations in merger control. The Guidelines to a large extent codify the Commission's existing practice (over the past 6-9 months).
Notable aspects of the Guidelines to take note of include, public interest and competition considerations a placed on equal footing and the Commission's requirement that each listed public interest ground be evaluated separately (and remedied where there is an adverse effect).
While the guidelines provide insight into how the Commission will assess each public interest ground, the specific grounds which are likely to have the most significant impact relate to Employment.The Commission requires not only that merging parties demonstrate that any merger specific retrenchments followed a rational process to limit the job losses, but expressly requires that merging parties demonstrate (by specifically quantifying) that any job losses will ensure the merging parties meet an" as efficient" competitor or that the cost savings will be passed on to consumers.
Join us for a crucial discussion on the draft Competiton Guideline, with John Oxenham and Michael-James Currie, Directors and co-founders of Primerio International and Primerio South African practice. As they will be unpacking the draft Guidelines and more.
Don't forget to register to join the meeting online
