Asia Pacific Competition Law Bulletin November 2017
Welcome to the fourth 2017 edition of our bi-monthly Asia Pacific Competition Law Bulletin. As with previous editions, this bulletin has been produced in collaboration with our Linklaters colleagues (China) and with expert local law firms around the region: Allens (Australia, New Zealand), Vinod Dhall in collaboration with TT&A (India), Mori Hamada & Matsumoto (Japan), Allen & Gledhill LLP (Singapore), Lee & Ko (South Korea), and Tsar & Tsai Law Firm (Taiwan). We hope that you continue to find this newsletter a useful source of information on competition law issues across the Asia Pacific region.
In this edition, we look at several major competition law reforms, including in South Korea where the authority has put together a task force to formulate proposals and reinforce competition law enforcement. In Japan, the competition authority enacted amendments to its distribution guidelines and in India the government reformed and expanded the existing leniency regime.
On the antitrust enforcement side of things, the Competition Commission of Hong Kong opened proceedings in a second case, the NDRC fined two pharmaceutical companies in China, an appeal court ruled on the calculation of fines in Singapore, a Taiwanese court reversed a decision in the utilities sector, and prosecutors secured a first antitrust criminal conviction in Australia.
As for merger control, we discuss merger clearances in Australia, and an exemption for state-owned banks in India.
For the full text document of all the articles below, please click here.