Uganda, as a member of the Common Market for East and South Africa (COMESA) is bound by the terms of the COMESA Competition Rules and Regulations. They affect cross border mergers which involve more than one of the following countries; Burundi, Comoros, Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Madagacar, Malawi, Mauritius, Namibia, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe.Our Firm has advised several clients on the implications of these new regulations on their Mergers & Acquisitions and successfully assisted them in securing the right and relevant competition approvals.Locally, for industries that have industry specific competition regulations and guidelines like Banking & Finance and Telecommunications, our Firm has advised various bank and telecom clients on the competition regulations in numerous acquisition transactions.We closely monitor developments in this rapidly evolving area of the law, and advise institutional and individual clients on related regulatory and administrative obligations including designing and implementing compliance programs to discover and deter both inadvertent and purposeful failures to heed laws and regulations.
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