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Welcome to the Competition Commission

The Competition Commission is a statutory body constituted in terms of the Competition Act, No 89 of 1998 by the Government of South Africa empowered to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy.

 

 


 

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Competition Commission  prohibits chemicals merger

The Competition Commission has prohibited the proposed acquisition of Cellulose Derivatives (Pty) Ltd (“Cellulose Derivatives”) by Senmin International (Pty) Ltd (“Senmin”). The merger filed with the Commission was essentially the same transaction that was previously prohibited by the Commission in February 2009.
The Commission then was concerned about the likelihood of foreclosure resulting from the merger. In the investigation of the new transaction, the Commission found that market dynamics have not substantially changed since 2009 and concerns of foreclosure remain. 

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