Competition Act, 1998 (Act No. 89 of 1998)Chapter 3 : Merger Control13A. Notification and implementation of other mergers |
| (1) | A party to an intermediate or a large merger must notify the Competition Commission of that merger. in the prescribed manner and form. |
| (2) | In the case of an intermediate or a large merger, the primary acquiring firm and the primary target firm must each provide a copy of the notice contemplated in subsection (1) to— |
| (a) | any registered trade union that represents a substantial number of its employees: or |
| (b) | the employees concerned or representatives of the employees concerned, if there are no such registered trade unions. |
| (3) | The parties to an intermediate or large merger may not implement that merger until it has been approved, with or without conditions, by the Competition Commission in terms of section 14(1)(b), the Competition Tribunal in terms of section 16(2) or the Competition Appeal Court in terms of section 17. |
[Section 13A substituted by section 6 of Notice No. 1354, GG 21880, dated 13 December 2000]