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

In this issue:


  • Merger control policy and enforcement a focus for the ACCC
  • ACCC active in cartel enforcement
  • ACCC institutes proceedings for alleged resale price maintenance
  • Federal Court imposes large penalties for consumer law breaches


  • Institutional and legislative reforms signal stronger antitrust enforcement
  • China releases two additional antitrust guidelines
  • Merger control enforcement remains active in China

Hong Kong

  • HKCC ramps up enforcement activities
  • HKCC publishes policy on accepting commitments
  • HKCC and police conduct joint raid in building maintenance cartel investigation


  • ICC scrutinizes rising crude palm oil prices
  • Competition law reforms to be re-done by 2023


  • JFTC closes investigation for suspected abusive conduct relating to online free shipping program


  • Langkawi Ro-Ro ferry services cartel fined RM2.2 million for price fixing
  • MyCC’s conducts market review on port logistics ecosystems and motor vehicle warranties


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


  • CCCS issues Business Collaboration Guidance Note
  • Updated Competition Guidelines now in effect
  • CCCS signs MoUs with Philippines and China competition authorities
  • CCCS recommends block exemption order extension for certain liner shipping agreements


  • TFTC proposes amendments to the Guidelines on Merger Filings


  • Thai competition authority rebrands itself from OTCC to TCCT
  • TCCT publishes new manual on the application of the credit term guidelines


  • VCCA issues summary report on economic concentration activities in Vietnam’s real estate sector in 2021
  • VCCA releases competition reports on the auto manufacturing and pork industries

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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