Abstract
Pakistan’s Competition Act, 2010 (CA ’10) and Competition (Merger Control) Regulations, 2007 (CMCR ’07) prohibit mergers that substantially lessen competition. CA '10 specifically maintains that “No undertaking shall enter into a merger which substantially lessens competition by creating or strengthening a dominant position in the relevant market.” Both, CA ’10 and CMCR ’07, have laid down elaborate procedural guidelines as to determination and approval of mergers through reviews in two phases. This article highlights the must to know thresholds for the reader.
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