The consistency of merger decisions at the South African Competition Commission

Show simple item record Grimbeek, Sunel Koch, Steven F. Grimbeek, Richard J. 2014-02-24T07:16:16Z 2013-12
dc.description.abstract The South African Competition Commission’s merger decisions for fiscal year (FY) 2002 through FY2009 are analysed to empirically identify the factors historically influencing prohibition, conditional approval and unconditional approval, as well as the factors historically influencing whether merger applications are deemed non-complex, complex or very complex. The focus of the analysis is on whether or not the historical process has remained consistent through time, and whether or not that process can be obviously linked to the provisions of the 1998 Competition Act. Initial results point to behaviour that is not consistent over the time period considered; however, those inconsistencies are removed, once additional measures of market contestibility, associated with the 1998 Competition Act are included in the analysis. The final results suggest that the commission is less likely to approve mergers that they link to markets that are less contestable. In addition to protecting competition, the commission is simultaneously protecting other public interests. Therefore, our research supports the hypothesis that the commission consistently applies its legislative remit. en_US
dc.description.librarian hb2014 en_US
dc.description.uri en_US
dc.identifier.citation Grimbeek, S, Koch, SF & Grimbeek, RJ 2013, 'The consistency of merger decisions at the South African Competition Commission', South African Journal of Economics, vol. 81, no. 4, pp. 561-580. en_US
dc.identifier.issn 0038-2280 (print)
dc.identifier.issn 1813-6982 (online)
dc.identifier.other 10.1111/saje.12005
dc.language.iso en en_US
dc.publisher Wiley-Blackwell en_US
dc.rights © 2013 The Authors.South African Journal of Economics © 2013 Economic Society of South Africa. Wiley-Blackwell. The definite version is available at : en_US
dc.subject Merger decisions en_US
dc.subject South African Competition Commission en_US
dc.title The consistency of merger decisions at the South African Competition Commission en_US
dc.type Postprint Article en_US

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