A PYMNTS Company

Competition Commission addresses Transnet’s concerns with Actom-Savcio merger

By  |  February 7, 2012

The Competition Commission addressed Transnet’s concerns with the Actom-Savcio merger before a Competition Tribunal hearing. Actom is an electrical equipment manufacturer; Savcio is a service, repair and import company.

Transnet Rail Engineering warned that anticompetitive effects in the commutator market would result from the merger. The Commission nevertheless took the position that alternatives to obtaining commutators could be made available, and that Actom could be required to continue to supply commutators on the same terms, as a condition of the merger.

Source: Engineering News

 

Related content: South African Competition Policy in 2008: Key Priorities of the Competition Commission (Simon Roberts, Competition Commission of South Africa)