Poor SA by both crews and ATC. Regardless of what they could or could not hear from ATC, both crews clearly heard each others transmissions and both missed until it was almost too late.
What happened to the 3000' separation that they used to provide for the passing A/C's? What happened to the outbound radial the departing aircraft use to follow?
This is too similar to places like China, Russia, Spain, France, etc., speaking non-english to other aircraft because now I have no idea what THEY are doing.