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

In this issue:

Australia

  • ACCC sets the stage for debate on changes to merger control laws
  • Unfair contract terms set to become illegal and subject to penalties
  • Bathroom brand, Nero Tapware, admits to likely RPM
  • ACCC continues its focus on technology and digital platforms

China

  • Zhejiang AMR imposes new substantial fine for RPM
  • SAMR imposes behavioural remedies on failure-to-notify violations for the first time
  • Legislative developments suggest future possible enforcement under Pricing Law

Hong Kong

  • HKCC publishes advisory bulletin on trade associations

Indonesia

  • Indonesian Supreme Court issues new rules for appeal hearings
  • ICC case handling procedures under review

Japan

  • JFTC annual mergers report reveals active enforcement and continued focus on digital markets

Malaysia

  • MAVCOM issues Malaysia’s first merger clearance decision

Philippines

  • PCC resumes conduct of own-initiative merger reviews of non-notifiable deals

Singapore

  • CCCS proposes general guidance on common collaborations between competitors
  • CCCS consults on proposed amendments to its penalty guidelines
  • CCCS recommends extension of BEO for certain LSAs

Taiwan

  • TFTC issues fine for deceptive trade practices over use of competitor’s name in online ads

Thailand

  • OTCC confirms its interpretation of a relevant “merger” in recent decision
  • OTCC publishes new guidance on SME credit terms
  • OTCC issues second amendment to Franchise Regulation

Vietnam

  • Draft revised guiding regulation on telecoms law offers new guidance to dominant businesses in the sector
  • VCCA releases statistics on merger control practices in last two years
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.

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