Do I need Ethiopian Competition Authority approval to buy 60% of a local manufacturer?

Because merger control assessments are highly fact-specific, we recommend an in-person consultation to assess notification requirements and align approval timelines with your closing schedule. You are welcome to visit our office for a confidential discussion.

Thank you for the question. The Trade Practice and Consumer Protection Proclamation and the Merger Directive are the governing laws of notification and approval of mergers. Merger is classified into many types based on the economic chain and market transaction. There is a minimum threshold for a merger. To answer whether your transaction/merger needs notification or approval of the consumer protection authority/ministry of trade and regional integration, the lawyer should have the turnover, capital of the companies, and the merger type that is going to take place. Timelines for the merger approval also vary depending on the type of merger. Non-compliance with the merger rules may result in both administrative and criminal penalties.