Mergers vs retrenchment – How the law is geared towards saving jobs
Mergers vs retrenchment – How the law is geared towards saving jobs
Podcast
Mergers vs retrenchment – How the law is geared towards saving jobs
Podcast
Lara explains that when analysing transactions that have been notified to it, the Competition Commission focuses on two primary questions:
- how the transaction will affect competition in the market (for instance whether the merged entity will raise prices, lower quality, reduce output, or excluding competitors); and
- what the impact of the transaction on the public interest is.
This includes factors like the effect on employment and ownership by historically disadvantaged people (HDPs). The Commission examines whether a transaction might enhance or reduce HDP or worker ownership, as well as how it might affect the ability of small and medium enterprises, especially those owned by HDPs, to participate in the market. The Commission also actively investigates the employment implications of a proposed transaction and consults with trade unions and employees.
Click here to listen.
The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.
Subscribe
We support our clients’ strategic and operational needs by offering innovative, integrated and high quality thought leadership. To stay up to date on the latest legal developments that may potentially impact your business, subscribe to our alerts, seminar and webinar invitations.
Subscribe
