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MDPPACPB Regulations
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60 The merging parties shall submit periodic compliance reports and relevant market data to the Authority for a period to be specified in the approval decision or guideline. Such data may include: (a) Pricing structures and changes; (b) Volumes of output, throughput, or storage; (c) Customer numbers and regional supply footprints; (d) Market share estimates and competitor dynamics; (e) Evidence of compliance with access or conduct remedies. (4) The Power of the Authority to Reopen Review The Authority reserves the power to reopen the merger review process where: (a) There is evidence of non-compliance with approved conditions; (b) The merger produces material and unforeseen anti-competitive effects; (c) New facts or market developments emerge that alter the basis of the original assessment. (5) Modification of Conditions and New Remedies Where appropriate, the Authority may: (a) Modify, extend, or replace existing conditions; (b) Impose new structural or behavioural remedies; (c) Require additional undertakings to restore or protect competition; (d) In severe cases, initiate proceedings to unwind or partially reverse the merger. (6) Sanctions for Non-Compliance Any breach of merger approval conditions shall be treated as a regulatory offence, and may attract administrative sanctions, including: (a) Monetary penalties; (b) Public warning or censure; (c) Suspension or withdrawal of licenses or approvals; (d) Orders for corrective action or appointment of a monitoring trustee. (7) Supplementary Guidelines The Authority may issue further guidelines specifying the format and frequency of post-merger reporting, monitoring procedures, and criteria for reopening merger reviews. PART XII- PROCEDURE FOR OBTAINING THE APPROVAL OF THE AUTHORITY IN THE NATIONAL INTEREST OR FOR MARKET FUNCTIONALITY 56. Approval by the Authority based on the National Interest or for Market Functionality Pursuant to Section 211(2) of the Act, the Authority may, upon written application and following a reasoned decision, authorise conduct or agreements that may otherwise contravene Section 211(1) of the Act and these Regulations, provided that:
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