Merger approval is a “once-off affair”, rules top South African court

Charley Connor

01 February 2019

Merger approval is a “once-off affair”, rules top South African court

Credit: Gwengoat/iStock

South Africa’s constitutional court has held that a company does not not need to notify the competition authority when it acquires a new form of control over a subsidiary, provided it previously obtained merger approval from the enforcer.