Ethiopia: Trade Competition and Consumers Protection Proclamation (No. 813/2013) including merger control regulation entered into force

On 21 March 2014, the Trade Competition and Consumers Protection Proclamation (No. 813/2013) including merger control regulation entered into force. The Proclamation is applicable to any businesses offering services within Ethiopia. The law prohibits any merger that can cause a significantly adverse effect on competition. The law further defines the process of registering a merger, providing details on notification, approval and revocation.