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In this regional update, we provide you with a practical overview of the most notable antitrust legal developments of the first quarter in 2021 that may affect your business.

In this issue:

Australia

  • ACCC announces its compliance and enforcement priorities for 2021
  • Shipping company criminally convicted and fined AUD 24 million for cartel conduct
  • Sporting goods wholesaler fined AUD 350,000 for resale price maintenance
  • ACCC continues digital platforms focus

China

  • China issues Anti-Monopoly Guidelines for Platform Economy
  • SAMR continues to strengthen enforcement against failures to notify
  • SAMR clarifies rationale behind abusive refusal to deal decision
  • SAMR fines cement joint venture for cartel conduct

Hong Kong

  • HKCC appeals for larger fines in renovation cartel

Japan

  • New law affecting digital markets in Japan now in effect

Malaysia

  • MyCC issues second abuse of dominance decision, in first finding on exclusive dealing

Philippines

  • PCC raises administrative fines for violations of competition law
  • CEO issues Statement of Objections against Developer for abuse of dominance

Singapore

  • CCCS flagship conference spotlights competition issues in the digital sector

Taiwan

  • TFTC to overhaul prescribed merger notification form
  • TFTC to publish White Paper on Digital Economy Policy

Thailand

  • OTCC opens for public hearing on Draft Guideline on Credit Terms with SME’s

Vietnam

  • Regulators continue to review economic concentration notifications
  • Vietnam issues draft Decree on the management of costs incurred in competition procedures
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.