Competition Act · 2022 Revised Edition · Chapter 4
25. Requests for Commission to consider anticipated mergers and mergers
Official textFrom Attorney General's Chambers, unchanged
Section 26 provides for an anticipated merger to be considered by the Commission on the application of a party to that anticipated merger who thinks the anticipated merger, if carried into effect, may infringe the section 23 prohibition.
anticipated merger
“anticipated merger” means an arrangement that is in progress or contemplation and that, if carried into effect, will result in the occurrence of a merger referred to in section 23(2);
Section 27 provides for a merger to be considered by the
Commission on the application of a party involved in that merger who thinks the merger may infringe the section 23 prohibition.
The Minister may, with the approval of His Majesty the Sultan and Yang Di-Pertuan, by regulations provide —
Minister
“Minister” means the Minister charged with the responsibility for general competition matters;
that only such anticipated mergers as are prescribed may be notified to the Commission under section 26; and
for the procedure to be followed —
by any party making an application under section 26
or 27; and
by the Commission, in considering such an application.
Terms defined in s 2
anticipated merger
Defined · s 2“anticipated merger” means an arrangement that is in progress or contemplation and that, if carried into effect, will result in the occurrence of a merger referred to in section 23(2);
Minister
Defined · s 2“Minister” means the Minister charged with the responsibility for general competition matters;
section 23 prohibition
Defined · s 2“section 23 prohibition” means the prohibition referred to in section 23(1);
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