The consistency of merger decisions at the South African Competition Commission

dc.contributor.authorGrimbeek, Sunel
dc.contributor.authorKoch, Steven F.
dc.contributor.authorGrimbeek, Richard J.
dc.contributor.emailsteve.koch@up.ac.zaen_US
dc.date.accessioned2014-02-24T07:16:16Z
dc.date.issued2013-12
dc.description.abstractThe 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.librarianhb2014en_US
dc.description.urihttp://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1813-6982en_US
dc.identifier.citationGrimbeek, 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.issn0038-2280 (print)
dc.identifier.issn1813-6982 (online)
dc.identifier.other10.1111/saje.12005
dc.identifier.urihttp://hdl.handle.net/2263/36678
dc.language.isoenen_US
dc.publisherWiley-Blackwellen_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 : http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1813-6982en_US
dc.subjectMerger decisionsen_US
dc.subjectSouth African Competition Commissionen_US
dc.titleThe consistency of merger decisions at the South African Competition Commissionen_US
dc.typePostprint Articleen_US

Files

License bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description: