Pick n Pay to engage competition regulator over report on market dominance

SOUTH AFRICA – South African retail chain, Pick n Pay, has said that it will continue to engage South African competition regulators to address its concerns about the retailer’s market dominance in shopping malls. This […]

South African Breweries gets nod to acquire Diageo’s Smirnoff franchise rights

SOUTH AFRICA – The Competition Commission has conditionally approved South African Breweries’ (SAB) bid to acquire franchise rights of Diageo’s Smirnoff ready-to-drink (RTD) brands in South Africa. This will see SAB, South African subsidiary world’s […]

South Africa’s packaging group Mpact to unwind Seyfert acquisition deal

SOUTH AFRICA – The Competition Commission of South AFrica has ordered packaging and recycling group Mpact to unwind its 2011 US$1.09 million partial acquisition of Seyfert Corrugated Western Cape as it reduced competition. This comes […]

Nigeria sees competition and consumer protection bill signed into law

NIGERIA – Nigeria’s President, Muhammadu Buhari, has assented to the Federal Competition and Consumer Protection Act 2019 that seeks to ensure competitive trade in the country and ensure production of quality products reports Guardian. In […]