Asia Pacific Competition Law Bulletin April 2016
Welcome to the April 2016 edition of our bi-monthly Asia Pacific Competition Law Bulletin.
As with our other editions, this bulletin has been produced in collaboration with expert local law firms around the region: Allens (Australia, New Zealand), Vinod Dhall in collaboration with TT&A (India), Widyawan & Partners (Indonesia), Mori Hamada & Matsumoto (Japan), Rahmat Lim & Partners (Malaysia), Allen & Gledhill LLP (Singapore), Lee & Ko (South Korea) and Tsar & Tsai Law Firm (Taiwan). We hope you continue to find it a useful tool to keep track of antitrust developments across the Asia Pacific region.
In this edition, we detail the major developments in competition law and policy across the Asia Pacific region. The legal reform in Thailand is progressing, and Japan is preparing for the implementation of a new regulatory framework in the electricity sector. In the Philippines, the new regulator has started to accept merger notifications, and in India the merger notification thresholds have been revised. In South Korea, the regulator has published revised IP guidelines. The NDRC in China continues to make progress with the amendment of several pieces of regulation, and the government is planning to increase the scope of the law and the potential fines for unfair competition. In Hong Kong, a new CEO has been appointed to head up the Commission.
On the enforcement side of things, important appeals are working their way through the courts in Australia and the Malaysian regulator has lost its first appeal case. In Indonesia, the Supreme Court put an end to nearly a decade of debates in the text message cartel saga. In Singapore, the regulator imposed fines in the financial services sector, a first in the city-state, and in South Korea the regulator announced a focus on franchise networks.
Finally, this edition of the APAC Bulletin recaps the region’s major developments in the area of merger control, with a conditional clearance in Singapore, a merger blocked in New Zealand and a reminder by the Taiwanese regulator that failing to notify can result in a fine.
For the full text document of all the articles, please click here.