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Competition commission act namibia

WebApr 14, 2024 · Bank of Namibia and the Ministry of Justice have proposed this new legislation as part of the requirements identified as necessary to prevent Namibia’s … WebJun 28, 2024 · The commission only became aware of the transaction on 25 April 2016, two years after the event, and wrote to PG Glass on 16 May 2016, notifying them of contravening the Competition Act.

Competition Act & Rules - Namibian Competition Commission

WebJul 25, 2024 · The Namibian Competition Commission (NaCC) revealed this yesterday after slapping the two firms with a N$20,5 million fine for their anti-competitive behaviour. ... Santam Namibia is 28% owned by ... Webcompetition law and commissioned a study, with the assistance of the European Union, which drafted a competition bill in 1996. 9. The Competition Act, 2003, of Namibia … emily woman https://daisybelleco.com

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Webthe Law Society of Namibia (“LSN”) for exemption in terms of section 31 of the Competition Act, Act 2 of 2003 (the “Competition Act”). 1.2 The application for exemption seeks to exempt certain of the LSN Rules from the application of Part I of Chapter 3 of the Competition Act. The exemption sought is for a period of 15 years. WebAug 17, 2016 · SANLAM Namibia, together with the Professionals Provident Society Insurance Limited South Africa and Namibia have agreed to pay a fine of N$15 million imposed on them by the Namibian Competition ... WebJul 15, 2024 · No. 301 Namibian Competition Commission: Notice of determination made by commission in relation to the ... Competition Act, 2003 (Act No. 2 of 2003) (Section 47(7), Rule 30) 1. ... prevent or lessen competition in Namibia, as envisaged by section 47(2) of the Competition Act, 2003. 4. Note that the Commission has the authority, in … dragon fang location pokemon

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Category:Sanlam fined N$15m by competition regulator The Namibian

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Competition commission act namibia

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WebJul 14, 2024 · 1.1 “Act” means the Competition Act No. 2 of 2003. 1.2 “Commission” means the Namibian Competition Commission, a juristic person as established in terms of section 4 of the Act. 1.3 “Consent Agreement” means this Consent Agreement, duly signed and concluded between the Commission and the Defendant, as contemplated in section … WebCOMPETITION ACT 2003 . Act No2 OF 2003 . RULES . The Namibian Competition Commission, under section 22 of the . Competition Act, 2003 (Act 2 of 2003), with the …

Competition commission act namibia

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WebThe Competition Act was issued to safeguard and promote competition in the Namibian market; to establish the Namibian Competition Commission and make provision for its powers, duties and functions; and to provide for incidental matters. Download … Find out more about various legal documentation and technical divisions of … The Mergers and Acquisitions Division is responsible for administering the … Additionally, the division is responsible for exploring emerging issues in the area of … In terms of Section 67, the Commission is under obligation to cooperate with … NaCC Contact Details. Postal Address: P.O.Box 2104. Windhoek . Physical … The Namibian Competition Commission (“the Commission”) is an independent … The Responsibilities of Board of Commissioners. In terms of Section … Mr. Vitalis Ndalikokule is the Chief Executive Officer and Secretary to the … The Act regulates competition issues across all sectors of the Namibian economy, … Web4 hours ago · (E) The clearing member receives notification that a board of trade, a DCO, an SRO (as defined in Commission regulation § 1.3 or section 3(a)(26) of the Securities …

Web34. [Omitted by the Competition (Amendment) Act, 2007] 32 35. Appearance before Commission 32 36. Power of Commission to regulate its own procedure 33 37. [Omitted by the Competition (Amendment) Act, 2007] 34 38. Rectification of orders 35 39. Execution of orders of Commission imposing monetary penalty 35 40. WebTitle. Documents. 2014 - 2015 Namibian Competition Commission. 2016 - 2024 Namibian Competition Commission. 2024 - 2024 Nambian Competition Commission. 2008 - …

WebNov 4, 2011 · Accordingly, on 26 November 2010, Wal-Mart and Massmart informed the Commission of the proposed merger in terms of section 44(1) of the Competition Act, 2 of 2003 (the Act). 3 On 9 February 2011, the Chairperson of the Namibian Competition Commission informed Wal-Mart and Massmart that the Commission had approved the … WebSep 12, 2024 · September 9th, 2024 Competition Commission. The COMESA Competition Commission (the “Commission”) hereby notifies the general public that Tiger Brands Limited, South Africa, (herein referred to as “Tiger Brands”), has recalled certain batches of its PURITY Essentials Baby Powder product. This follows a detection of trace …

Web486.99 KB. 89 of 1998. The Competition Act 89 of 1998 intends: to provide for the establishment of a Competition Commission responsible for the investigation, control and evaluation of restrictive practices, abuse of dominant position, and mergers; and. for the establishment of a Competition Tribunal responsible to adjudicate such matters; and.

WebCompetition Act, 2003 (Act No. 2 of 2003) (Section 27(3), Rule 21(2)) 1. In terms of section 27(3) of the Competition Act, 2003 (Act No. 2 of 2003) (the Competition Act”), the Namibian Competition Commission (“the Commission”) hereby gives notice that the Namibia Trade Forum (“NTF”) has in terms of section 27(1) of the Competition Act, dragon fang roundsWebApr 3, 2003 · (1) The Commission must open and maintain such bank accounts at one or more banking institutions in Namibia, registered in terms of the Banking Institutions Act, … emily wong eyemily wong chicago lettuce entertain youWebDec 8, 2015 · The Namibian Competition Commission launched its five-year strategic plan in Windhoek on Thursday. ... 2024 strategic plan will be in place to ensure effective enforcement of the Competition Act ... emily wong dcWebAct No. 2, 2003 COMPETITION ACT, 2003 ACT To safeguard and promote competition in the Namibian market; to establish the Namibian Competition Commission and make … dragonfang unturned idWebACT . To safeguard and promote competition in the Namibian market; to establish the Namibian Competition Commission and make provision for its powers, duties and … emily wong comedianWebJul 5, 2016 · The Namibian Competition Commission was established in terms of the Competition Act 2 of 2003. The Act regulates competition issues across all sectors of … dragon fang locations genshin