Mystic Blue Trading 62 (Pty) Ltd v Rhino Group (35/LM/Apr11) [2011] ZACT 112 (20 December 2011)
The Tribunal found that the merger between Mystic Blue Trading 62 (Pty) Ltd and the Rhino Group does not substantially prevent or lessen competition in the relevant market. The approval is subject to the conditions set out in Annexure A, as recommended by the Competition Commission. The Tribunal further ordered that a Merger Clearance Certificate be issued in accordance with the applicable rules.
- Citation
- [2011] ZACT 112
- Parties
- Applicant: Mystic Blue Trading 62 (Pty) Ltd; Respondent: The Rhino Group
- Court
- Competition Tribunal
- Jurisdiction
- South Africa
- Judgment Date
- 20 December 2011
- Case Number
- 35/LM/Apr11
- Procedural Posture
- Merger Application / Final Determination
- Outcome
- Merger approved subject to conditions.
- Judges
- N Manoim, Y Carrim, A Wessels
- Legal Topics
- Merger Clearance, Competition Act Section 16, Merger Conditions
Case Brief
Summary, issues, holding and outcome
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Parties
Mystic Blue Trading 62 (Pty) Ltd
Applicant
The Rhino Group
Respondent
Procedural Posture
Merger Application / Final Determination
Legal Issues
- 1 Whether the proposed merger between Mystic Blue Trading 62 (Pty) Ltd and the Rhino Group should be approved under the Competition Act.
- 2 Whether any conditions should be imposed on the approval of the merger.
Ratio Decidendi
The Tribunal found that the merger between Mystic Blue Trading 62 (Pty) Ltd and the Rhino Group does not substantially prevent or lessen competition in the relevant market. The approval is subject to the conditions set out in Annexure A, as recommended by the Competition Commission. The Tribunal further ordered that a Merger Clearance Certificate be issued in accordance with the applicable rules.
Court Disposition
Merger approved subject to conditions.
Orders
- The merger between Mystic Blue Trading 62 (Pty) Ltd and the Rhino Group is approved subject to the conditions set out in Annexure A.
- A Merger Clearance Certificate is to be issued in terms of Competition Tribunal Rule 35(5)(a).
Full Case Text
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