A brief note from the “front lines” of the COMESA Competition Commission’s 10-year anniversary event: Isaac Tausha, chief economist for research policy and advocacy, provides the following statistics — notably for the entire duration of the CCC’s life decade so far.
In short: Gone are the meager days of fledgling notifications to the CCC.
Statistics Since Inception
369 mergers and acquisitions assessed. (Total COMESA revenues of merging parties: US$210bn)
Over 40 Restrictive Business Practices assessed
Over 44 Consumer Protection cases handled
More than 12 market screenings and studies undertaken
3 businesses fined for non-compliance with the Regulations
Doing a “back of the envelope” estimate, we at AAT are calculating the total merger filing fees resulting from those 367 notified deals to be possibly north of $75 million $65 million, so on average $6.5m “income” for the CCC per year (half of which goes to the 21 member states, of course, under the Regulations). This is notably without taking into account fines, e.g., a recent $102,000+ fine for failure to notify (as in our reporting on the Helios Towers / Malawi case).

