Primerio Ltd

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Central African Economic and Monetary Community (CEMAC) Merger Control: Jurisdiction, Control Test, Joint Ventures, Notification Thresholds, Filing Fees, Review Timetable and Penalties
PRACTICE NOTES
NOTE—to see whether notification thresholds in CEMAC and throughout the world are met, see further: Where to Notify. Introduction Competition in CEMAC is governed by Regulation N. 06/19-UEAC-639-CM-33 of 7 April 2019, Regulation No. 000350 of 25 September 2020, Regulation 00087 of 16 March 2022, and Regulation No. 000140 of 16 March 2023, which amends Regulation No. 000350 (Second Amendment Procedural Regulations). Mergers that must be notified require the CEMAC Commission’s prior approval before they can be implemented. The framework covers combinations involving legal entities established within the CEMAC area. Under Article 58 of the Regulation, a concentration occurs when: two or more previously independent companies merge, one or more companies acquire, directly or indirectly, control of the whole or part of one or more other companies by equity participation, contract, or any other means, or a joint venture is created to perform, on a lasting basis, all the
Competition
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