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
