Part III of the Act:

• prohibits mergers and acquisitions that substantially lessen competition;
• allows the Commission to grant a clearance for acquisitions where it is satisfied that the proposed acquisition would not lead to the substantially lessening of competition in a market; and
• allows the Commission to grant an authorisation for acquisitions that would result in a substantial lessening of competition, if the public benefits resulting from the acquisition are found to outweigh the detriments.