High Court overturns Competition Authority decision

Tuesday, September 26, 2017

4MS has a contract with KBL that expires in 2020

The Gaborone High Court has overturned a decision in which the Competition Authority (CA) rejected the acquisition of assets and cession of main contracts belonging to 4MS Group Holdings by Transport Holdings.

The Authority had disapproved the merger on the grounds that there were competition and public interest concerns that arose in the line haul transportation services market on account of the acquisition in Botswana.

The Authority had further indicated that it took cognisance of the fact that the proposed transaction was likely to result in reduced competition due to the removal of a competitor in the line of haul transportation services market.

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