Industry Welcomes Dtics Helping Hand For Business

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industry welcomes dtics helping hand for business

Last week the department of trade, industry and competition DTIC published a draft amendment to the Determination of Merger Thresholds.

The ministers intervention has been received with encouragement by industry role players and legal practitioners, with some coining it a helping hand for business

While the comments suggest an expectation of a new path for merger assessment, it is important to explain the thresholds and the amendment process for the better understanding of all. The proposed amendments, open for public comment, seek to reduce red tape for businesses and legal practitioners by adjusting the merger thresholds.

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