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The Competition Act—Exclusion

Legal Notice 161 of 2020

This is the latest version of this Legal Notice.
The Competition Act—Exclusion
Citation
Legal Notice 161 of 2020
Primary work
Competition Act
Date
31 December 2022
Language
English
Type
Legal Notice
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LAWS OF KENYA

COMPETITION ACT

THE COMPETITION ACT—EXCLUSION

LEGAL NOTICE 161 OF 2020

  • Published in Kenya Gazette Vol. CXXII—No. 159 on 28 August 2020
  • Commenced on 28 August 2020
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]

THE PROPOSED PURCHASE OF ASSETS OF SLUMBERLAND KENYA LIMITED BY SIMBA FOAM LIMITED

IN EXERCISE of the powers conferred by section 42 (1) of the Competition Act, 2010, the Competition Authority of Kenya excludes the proposed purchase of assets of Slumberland Kenya Limited by Simba Foam Limited from the provisions of Part IV of the Act due to the following reasons—
(a)the merger will not affect competition negatively;
(b)the acquirer had no turnover nor assets while the turnover of the target was KSh. 877,255,924; and
(c)the transaction meets the thresholds for exclusion as provided under the Competition (General) Rules, 2019.
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History of this document

31 December 2022 this version
28 August 2020
Commenced