Asia Pacific Competition Highlights January 2021.

Legal News & Analysis - Asia Pacific - Competition & Antitrust

20 January 2021
 

In this regional update, we provide you with a practical overview of the most notable antitrust legal developments over Quarter 4 of 2020 and early 2021 that may affect your business.

 

In this issue:

 

Australia

  • ACCC files Federal Court proceedings against Peters for exclusive dealing

  • Banking cartel case moves to the Federal Court for trial

  • Mandatory disclosure requirements for businesses dealing with NSW consumers

 

China

  • Consolidated merger control rules come into effect

  • Draft Anti-monopoly Guidelines on Platform Economy released

  • Landmark decisions impose fines for failure to notify in three VIE-related deals

 

Hong Kong

  • HKCC prosecutes first abuse of market power case

  • Competition Tribunal issues first disqualification order

 

Indonesia

  • Competition law enforcement relaxed to aid economic recovery

  • ICC ends 2020 with new management

 

Japan

  • Revamped competition law comes into force

 

Malaysia

  • Exclusivity for broadband services in residential buildings under scrutiny

  • MyCC issues RM 130.2 million fine against 22 general insurers

 

Philippines

  • PCC launches separate investigations into the sports promotions, goods and internet service markets

  • PCC publishes market studies on the Philippine sugar and corn industries

 

Singapore

  • CCCS fines three businesses for engaging in bid rigging conduct

  • Singapore introduces new licensing regime for point to point transport operators

 

Taiwan

  • Nomination of new commissioners at the TFTC approved

 

Thailand

  • TCC provides clarity on exceptions to the market dominance threshold

  • New guideline for online food delivery published

 

Vietnam

  • VCCA continues to actively conduct merger assessments

  • VCCA continues to promote regional cooperation
     

Read the Publication here.

 

Baker McKenzie

 

For further information, please contact:

 

Stephen Crosswell, Partner, Baker & McKenzie

[email protected]