The Malaysia Competition Commission (“MyCC”) has initiated the process of amending the Competition Act 2010 (“Act”) to introduce merger control regulations and the Ministry of Domestic Trade and Consumer Affairs is planning to table the legislative amendments to the Act by the end of 2021. Once in force, mergers and acquisitions which exceed certain thresholds will need to be reviewed and approved by the MyCC. This will greatly impact the timing, feasibility and structure of transactions in Malaysia.
Listen on-demand to our Eye on AI video chat series, which covers the need-to-know legal issues surrounding artificial…
On 1 April 2021, Law nº 14,133/2021 or the New Public Procurement General Law (“New Public Procurement Law”) was published, substituting Law nº 8,666/1993. The Brazilian president, however, has vetoed 26 items of the bill approved by the National Congress.
New law affecting digital markets in Japan now in effect
A new law that would require greater transparency in transactions involving digital platform operators came into force on 1 February 2021.
Regulators continue to review economic concentration notifications
Vietnam issues draft Decree on the management of costs incurred in competition procedures
With the accelerated number of M&A deals currently being made and projected to continue, digital transformation is driving an increase in interest in AI targets for acquisition. In this episode of Eye on AI, Lisa Fontenot and Teisha Johnson join moderator Bradford Newman to discuss key issues and value drivers to consider in AI transactions, as well as considerations with regard to antitrust or foreign investment approvals that may be needed when making an AI related investments.
In brief MyCC issues second abuse of dominance decision, in first finding on exclusive dealing MyCC has fined Dagang Net Technologies Sdn. Bhd. RM 10.3 million for abusing its dominant position by imposing software providers’ exclusivity. This update was published on 13 April 2021, as part of our quarterly newsletter, Asia…
For over 40 years, the team at Baker McKenzie’s Bangkok office has assisted foreign individuals and international companies…
Regulators continue to review economic concentration notifications
Vietnam issues draft Decree on the management of costs incurred in competition procedures
In Q1 2021, the Ministry of Industry and Trade (MOIT) cleared 11 economic concentration notifications, most of which were acquisitions. The Ministry of Finance issues a draft Decree regulating the management, use and settlement of expenses relating to several competition proceedings.
Read publication 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…