Section 48: Merger situations subject to review by Commission

48. Merger situations subject to review by Commission A merger situation shall be subject to review by the Commission where— (a) all the parties to the merger supply or acquire goods or services of any description and will, following the merger, together supply or acquire 30 per cent or more of all those goods or services on the market; or (b) one of the parties to the merger alone supplies or acquires, prior to the merger, 30 per cent or more of goods or services of any description on the market; and (c) the Commission has reasonable grounds to believe that the creation of the merger situation has resulted in, or is likely to result in, a substantial lessening of competition within any market for goods or services. (S. 48 came into operation on 25 November 2009.) Sub-Part V – Share of Supply Criteria and Assessment of Restrictive Business Practices