Since the Competition Regulatory Authority became operational, in January 2021, the following amendments have been enacted:
(i) Regulations on Merger Notification Forms - approved by means of Resolution No. 1/2021, of 22 April 2021. These Regulations prescribe the different forms to be completed, depending on the specifics of the concentration (i.e., the simplified form and/or regular form) and details the information and documentation that shall be provided together with each form;
(ii) Regulations on Filling Fees – approved by means of Ministerial Diploma No. 77/2021, of 16 August 2021. Filing fees are currently set at 0,11% of the turnover of the previous year, up to the maximum limit of MZN 2,250,000 (approx. USD 35,000); and
(iii) Amendments to the Competition Regulations – approved by means of Decree No. 101/2021, of 31 December 2021. This statute (i) amended the current turnover thresholds for purposes of determining whether a transaction is subject to notification; and (ii) established the requirements where a concentration should follow the simplified form.
The Competition Regulatory Authority became operational in January 2021. Thus far, no market inquiries have been initiated.
Thus far, no specific concerns were publicly expressed in relation to any industry or sector.
Thus far, no specific sectors have been identified as strategic or key for purposes of competition law enforcement.
Thus far, no dawn raids have been carried out by the Competition Regulatory Authority. However, dawn raids may be carried out at the discretion of the Competition Regulatory Authority, whenever it deems appropriate or required.
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