Competition Commission And Nedbank Ltd and ERF 7 Sandown (Pty) Ltd

Case number: CO076Aug22
Case parties: Applicant: Competition Commission
Respondent: Nedbank Ltd (First)
Respondent: ERF 7 Sandown (Pty) Ltd (Second)
Case type: Consent Order
Type of merger: Horizontal
Case status: Order Issued No Reasons
Outcome: Confirmed
Order date: 2022-08-17
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: Provision of rentable Grade A and P office property within the Sandton and Environs node
Sections of the act: 13A(3)
Remedy: Penalty
Competition Tribunal Members: Imraan Valodia, Thando Vilakazi, Yasmin Carrim