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The Competition and Consumer Protection Commission (CCPC) recently publicly expressed its intention to curb non-compliance with merger conditions and deter would-be offenders.
ZambiaAntitrust/Competition Law
The Competition and Consumer Protection Commission (CCPC)
recently publicly expressed its intention to curb non-compliance
with merger conditions and deter would-be offenders. To this end it
has begun imposing fines on parties it views as having contravened
merger conditions.
Furthermore, the CCPC rejected Western Union's application for
approval of restrictive business arrangements with agents in
Zambia, but granted conditional approval for Cargo Carriers
Limited's proposed acquisition of 55% shareholding in Buks
Haulage Limited.
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