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{
    "id": 121624,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/121624/?format=api",
    "text_counter": 298,
    "type": "speech",
    "speaker_name": " Dr. Oburu",
    "speaker_title": "The Assistant Minister, Office of the Deputy Prime Minister and Minister for Finance",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": " Thank you, Mr. Deputy Speaker, Sir. Both the answers are ready. So, we will be ready to answer them next week. This is a continuation of the moving of this Motion. As I stated, this is a very important Bill. At that stage when I was interrupted because of lack of quorum, I was on Part IV of the Bill which talks about mergers. Clause 41 provides for the mergers’ definition which occurs when one or more undertaking, directly or indirectly acquired or establishes direct or indirect control over the whole or part of another business. The Bill proposes regulation of all mergers, horizontal, vertical, and conglomerate. It goes further to define control as inter alia owning more than 50 per cent of the issued share capital."
}