Namibian competition officials met with stakeholders on Wednesday about two merger investigations. The deals involve Pep Stores Namibia buying Big Daddy Clothing and JD Financial Services acquiring the OK Furniture debt book. Officials gathered information to evaluate how these business combinations might affect market competition.
NaCC Chief Executive Vitalis Ndalikokule said the meeting helped inform people about the mergers and gave them a chance to talk with both the commission and merging companies. He explained that it allowed participants to voice concerns or suggest fixes, with companies able to respond directly. The commission works under the Competition Act to protect fair business practices in Namibian markets, according to Ndalikokule.
Officials examine each merger individually, examining market structure, company shares, growth potential, and competitive risks. These particular cases involve horizontal mergers where businesses operate at the same supply chain level. Ndalikokule mentioned potential issues like coordinated effects but noted that each case has unique considerations.
The commission head asked for professional input from all attendees. He stressed that all relevant information helps the commission make better decisions. After reviewing everything from the conference, officials will announce their final ruling on both proposed business combinations.
NaCC Chief Executive Vitalis Ndalikokule said the meeting helped inform people about the mergers and gave them a chance to talk with both the commission and merging companies. He explained that it allowed participants to voice concerns or suggest fixes, with companies able to respond directly. The commission works under the Competition Act to protect fair business practices in Namibian markets, according to Ndalikokule.
Officials examine each merger individually, examining market structure, company shares, growth potential, and competitive risks. These particular cases involve horizontal mergers where businesses operate at the same supply chain level. Ndalikokule mentioned potential issues like coordinated effects but noted that each case has unique considerations.
The commission head asked for professional input from all attendees. He stressed that all relevant information helps the commission make better decisions. After reviewing everything from the conference, officials will announce their final ruling on both proposed business combinations.
