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In this regional update, we provide you with a practical overview of the most notable antitrust legal developments over Q3 2020 that may affect your business.

In this issue:

Australia

  • ACCC enters multilateral framework to strengthen cross-border enforcement
  • Guilty plea in first criminal charge for obstructing ACCC investigation
  • Merger review round up; non-publication of post-merger investigations
  • Digital Platforms Inquiry update: draft bargaining code; platforms respond

China

  • China releases Antitrust Guidelines on automotive sector and IP rights
  • China issues guidance for leniency regime and commitment process
  • Integrated circuit and software industries set as enforcement priorities

Hong Kong

  • HKCC accepts proposed commitments from seaport alliance
  • The Tribunal approves first cartel settlement
  • HKCC publishes policy on calculating fines

Indonesia

  • New omnibus law introduces higher administrative penalties and repeals criminal sanctions for substantive Anti-monopoly Law prohibitions
  • Competition authority issues new merger control guidelines

Japan

  • JFTC clears merger between Z Holdings Corporation and LINE Corporation

Malaysia

  • MyCC issues final market review report onĀ  wholesale and retail sectors

Philippines

  • New law exempts M&A transactions with value less than PHP 50 billion from compulsory notification

Singapore

  • CCCS publishes study on e-commerce platforms and updates guidelines
  • CCCS issues Guidelines on Price Transparency
  • CCCS issues COVID-19 guidance on collaborations for supply of essentials
  • CCCS ends probe into online food delivery and virtual kitchen sectors

Taiwan

  • Nomination for four new commissioners in the TFTC by 31 October 2020
  • Cartel investigation into commercial fire insurance rate published by industry association

Thailand

  • OTCC considers guidance for food delivery platform operators
  • OTCC announces amendments to franchising guidelines

Vietnam

  • VCCA publishes several merger decisions
  • VCCA preparing to study aviation and e-commerce sectors
Author

Stephen Crosswell is a partner in Baker McKenzie's Competition practice in Hong Kong, where he oversees competition matters in Hong Kong, China, Vietnam and Korea. He is consistently recognized as a leading lawyer for competition/antitrust by Chambers Asia. He wrote the Hong Kong chapters of Sweet & Maxwell's Competition Law in China & Hong Kong and the Oxford University Press Global Antitrust Compliance Handbook. Mr. Crosswell regularly speaks at leading antitrust events in Asia. He is also involved in capacity building with regional regulators and antitrust policy work. Prior to joining Baker McKenzie, Mr. Crosswell headed a Magic Circle firm's antitrust and competition practice in Hong Kong and coordinated their overall practice in Asia.