The following Competition guidance note Produced in partnership with Morais Leitão, Galvão Teles, Soares da Silva provides comprehensive and up to date legal information covering:
A conversation with Pedro Gouveia e Melo, managing associate at Morais Leitão, Galvão Teles, Soares da Silva on key issues on merger control in Angola.
NOTE–to see whether notification thresholds in Angola and throughout the world are met, see Where to Notify.
Law 5/2018 of 10 May 2018 (the Competition Act) established a modern legal framework for competition in Angola and created the Competition Regulatory Authority (the Authority) to enforce it. This took place in the context of the government’s recent efforts to streamline economic initiatives and to liberalise some key sectors. The Competition Law Regulations were approved by Presidential Decree 240/18 on 12 October 2018.
The government approved new rules establishing the Authority on 21 December 2018. The Authority became operational following the appointment of the members of the Board of Directors on 25 January 2019. As a result, the merger control regime is now fully operational and the Authority has confirmed that it has started to accept merger notifications. Rules and guidance in relation to completing notification forms were published by the Authority in January 2020.
The Authority is responsible for the application of a competition enforcement system
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