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Earlier this month (7 August), the MIC released and called for public consultation on the draft decree amending and supplementing several provisions of Decree No. 25/2011/ND-CP guiding the implementation of the Law on Telecommunications (“Draft Decree”). The deadline for contribution to this consultation is 7 October 2021.

The Vietnam Competition and Consumer Authority recently published an article explaining in detail the fundamental issues regarding agreements on price fixing, how such issue is addressed in other jurisdictions with developed antitrust regulations, and how it should be viewed within the context of Vietnam’s Competition Law No. 23/2018/QH14.

The Office of the Trade Competition Commission (OTCC) has recently opened a public hearing on the draft new unfair trade practice (section 57) guideline which will replace the current guideline once it becomes effective. The draft new guideline revises certain defined terms and provides more details on acts that may constitute an offense under section 57 of the Competition Act.

There was a massive increase in the value of mergers and acquisitions in sub-Saharan Africa (SSA) in the first half of 2021. This was due, in part, to the post-pandemic boost, where deals that were delayed last year, were able to proceed in 2021. Also spurring investment in SSA was the launch of the African Continental Free Trade Area, strengthening relationships with Africa’s key trading partners, as well as rising demand in key industry sectors such as materials, power and energy, technology and telecommunications.

We are committed to creating cultures of integrity expanding through initiatives that help us strengthen ethics, compliance, and responsibility on a day-to-day basis with sustainable results. As a result we developed the Compliance Community Connect videos to help our clients and friends. Baker McKenzie Associate, Gerardo Calderon, talks about Antitrust in this second installment of Compliance Community Connect.

The Competition and Consumer Commission of Singapore will issue a Business Collaboration Guidance Note to provide businesses with more clarity on common horizontal, vertical and lateral collaborations between competitors. The draft Guidance Note also aims at encouraging collaborations that have pro-competitive effects. It covers six common types of business collaborations: information sharing, joint production, joint commercialization, joint purchasing, joint research and development, and standardization.

The Competition and Consumer Commission of Singapore’s (CCCS) Guidance Note on Collaborations between Competitors in Response to the COVID-19 Pandemic (“COVID-19 Guidance Note”) expires on 31 July 2021. The CCCS intends to issue a Business Collaboration Guidance Note to ‘provide businesses with more clarity on common collaborations between competitors’. This is so that ‘businesses can collaborate in compliance with competition law with greater confidence’.