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CCA registers its first merger rejections

Friday, December 08, 2023 | 110 Views |

The Competition and Consumer Authority (CCA) this year rejected four merger and acquisition requests from different enterprises, representing the first time the authority has turned down such proposals since it was established four years ago.

The authority is mandated to regulate all merger and acquisition activities taking place in Botswana, a responsibility that ensures that markets remain competitive and no firm assumes monopoly or undue market dominance in any sector.

On Tuesday, the CCA’s director of Mergers and Monopolies, Nomathemba Dladla revealed that the authority has turned down mergers that could have harmed local industry.

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CCA registers its first merger rejections

The Competition and Consumer Authority (CCA) this year rejected four merger and acquisition requests from different enterprises, representing the first time the authority has turned down such proposals since it was established four years ago.