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Competition Commission v Seriti New Largo (Pty) Ltd and Another (LM157Dec21/EXT002Apr22) [2022] ZACT 95 (21 April 2022)

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COMPETITION TRIBUNAL OF SOUTH AFRICA

 

Case No.: LM157Dec21/EXT002Apr22

 

In the matter between:

 

COMPETITION COMMISSION                           Applicant

 

and

 

SERITI NEW LARGO (PTY) LTD                       Primary Acquiring Firm

 

NEW LARGO COAL (PTY) LTD                         Primary Target Firm

 

 

In re the large merger involving:

 

SERITI NEW LARGO (PTY) LTD                       Primary Acquiring Firm

 

and

 

NEW LARGO COAL (PTY) LTD                        Primary Target Firm

 

 

Panel: M Mazwai (Presiding Member)

 

Heard on: 20 April 2022

 

Order Issued on: 21 April 2022

 

 

ORDER:

EXTENSION APPLICATION

 

 

Having heard the parties regarding an application by the Competition Commission in terms of section 14A(2) of the Competition Act No 89 of 1998, as amended (“Act”), read with Rule 31 of the Competition Tribunal Rules for an extension of the time period for the investigation of the above matter, the Tribunal orders the following:

 

1.   The application is granted until 09 May 2022.

2.   An extension certificate is issued in terms of section 14A of the Act.

 

Date: 21 April 2022

 

 

Presiding Member

Ms Mondo Mazwai