Competition Act, 1998 (Act No. 89 of 1998)Competition Commission RulesPart 6 - Merger Procedures36. Large mergers |
1) | Upon receiving notice of a large merger the Commission must refer the merger to the Tribunal in terms of section 14(3). |
2) | The Commission must submit a recommendation in Form CC 17 in respect of a large merger, with reasons for that recommendation, to the Tribunal and the Minister within— |
a) | 60 days after receiving the Merger Notice; or |
b) | a longer period established by the Tribunal for that merger in Form CT 9, but the Tribunal must not grant an extension of more than 20 days at a time. |
3) | The Commission must deliver to each participant in the proceedings a copy of its referral, and its recommendation and reasons. |