ICCC hosts workshop


THE Independent Consumer and Competition Commission (ICCC) yesterday hosted its first awareness workshop on the new pre-merger notification system that has been passed by Parliament.
The purpose of the workshop was to inform stakeholders about the amendment to sections 81 and 82 and other relevant parts of the ICCC Act 2002 that were recently amended to change the pre-merger notification regime from voluntary to mandatory.
ICCC commissioner and chief executive officer Paulus Ain said although the ICCC had done consultations and awareness on the important change to the ICCC Act, it was still important to understand why it had been amended.