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South Africa's Competition Tribunal prohibited the proposed intermediate merger between Corruseal Group and Neopak Holdings, a decision reported on March 2, 2023 and issued the day before. The Commission said the merger would increase concentration in an already highly concentrated recycled containerboard market.
South Africa's Competition Tribunal prohibited the proposed merger between packaging companies Corruseal Group and Neopak Holdings under the Competition Act. The Competition Commission welcomed the decision on 23 February 2023.
