Appreciable adverse effect on competition: combination may be blocked or approved conditionally with mandated modifications. Regulation 28 directs that if a combination is found to have, or likely have, an appreciable adverse effect on competition, the Commission shall order ... Summary
Appreciable adverse effect on competition: combination may be blocked or approved conditionally with mandated modifications.
Regulation 28 directs that if a combination is found to have, or likely have, an appreciable adverse effect on competition, the Commission shall order that it shall not take effect; if no such effect is found, the Commission shall approve the combination. Approvals with modifications must specify terms, conditions and time-frames, failures to implement modifications permit the Commission to issue directions, and the Secretary must communicate decisions within seven days, with orders published on the Commission's website subject to specified provisions.
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