Merging of ministries broadens the scope of controlling mergers
Now that economic development and trade and industry have been combined, the department has both a carrot and a stick, writes Xolani Nyali
03 July 2019 - 15:24
Government intervention in mergers on public interest grounds could enter a new phase now that competition and industrial policies are under a single ministry.
The consolidation of two previously separate departments, economic development (EDD) and trade and industry (DTI), has significantly broadened the merger control “toolkit” available to the new trade and industry minister Ebrahim Patel...
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