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Global Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Third States

    • Title 19: SOUTH AFRICA

      • Chapter 2: MERGERS

        • Section 1: Substantive rules

        • Section 2: Enforcement

          • I: Enforcement authorities

          • II: Enforcement proceedings

          • III: Conditions/Sanctions

          • IV: Appeals

1272. Fines

1 minute de lecture

The failure to notify a merger is punishable by a fine up to 10% of the firm's annual turnover in South Africa and its exports from the Republic for the preceding financial year. The Competition Tribunal may also order a party to the merger to sell any shares, interest or other assets it has acquired pursuant to the merger or declare void any provision of an agreement to which the merger was sub …

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