Description of Activities

Merger Determination

The Commission’s decision is based on the grounds that the proposed merger was found to strengthen a dominant position and have the ability to facilitate coordination, as envisaged by section 47(2) of the Competition Act, 2003. Therefore, in order to maintain competitive dynamics, protect public interest, and encourage growth of the sectors affected by the implementation of the proposed transaction, the acquiring group and target undertaking shall adhere to the following conditions: supplier relations and SME support, non-bundling commitment, and no merger-specific retrenchments for a period of three years. 

However, as stated under section 50 of the Act, this approval does not relieve parties from complying with any other mandatory statutory approvals that any of the parties to this merger must comply with under Namibian laws.