Foschini Retail Group (Pty) Ltd And The Assets and Business Conducted by Edcon Ltd (“EDCON”) as a Going Concern Under The “JET” Division Out of Certain of Edcons Physical Retail Stores in South Africa
Case Number
LM087Aug20
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
23-09-2020
Competition Tribunal Members
Mondo Blessing Mazwai, Enver Daniels, Yasmin Carrim
Industry
Apparel retailing
Relevant market
Retail sale of other goods in specialised stores
Sector
Wholesale and retail trade - repair of motor vehicles and motorcycles
Case File
Remedy
12A(3)(a) industry/sector related
Sections of the act
16(3)
Case Name
Foschini Retail Group And Edcon
Primary Acquiring Firm
Foschini Retail Group (Pty) Ltd
Primary Target Firm
The Assets and Business Cunducted by Edcon Ltd