Competition Issues August 2010

Trade competition law needs more work
Bangkok Post, August 28, 2010

The government needs to revise the Trade Competition Act to make it more effective in terms of enforcement and on par with competition laws of Asean countries, says the Thai Chamber of Commerce. Thailand has had a competition law for 11 years but there has never been a single prosecution, because no one can agree on basic definitions such as "market dominance".  <<More>>

EAC competition law will increase cross-border trade
Business Daily, August 26, 2010

The East African Community is doing well on integration compared to other regional blocs in the continent. The EAC is implementing a common market and is on course to become a monetary union by 2012.   <<More>>

Competition law deferred
The Phnom penh post, August 25, 2010

Cambodia will wait to introduce new competition laws that could result in legal action being launched against domestic companies, said Cham Prasidh, Minister of Commerce. The Kingdom will wait until next year to consider whether to implement legislation, despite having “almost finalised” a draft version, he said. <<More>>

China Applying Antitrust Law Fairly
Reuters, August 12, 2010

China is not applying double standards in the implementation of its antitrust law to discriminate against foreign firms, a senior Ministry of Commerce official said. Some international critics have raised suspicions that China is using the 2008 anti-monopoly law to block the expansion of multinational firms in China.  <<More>>

China Admits Foreigners Hit by Antitrust law
Associated Press, August 11, 2010

China acknowledged that only foreign companies have been forced to scrap or change business deals under its two-year-old anti-monopoly law but rejected complaints the measure is discriminatory. <<More>>

Law on Public Procurement extends Anti-monopoly Committee's remit
International Law Office, August 05, 2010

The Ukrainian Public Procurement Law came into force on July 30, 2010. The law sets out new duties for the Anti-monopoly Committee, which is now authorised to review disputes arising out of public procurement procedures - previously, tender participants addressed their appeals to the Ministry of the Economy or to the tender organiser directly. <<More>>

Tree grower cartel: fine reduced due to time-barred single continuous infringement
International Law Office, August 05, 2010

The five-year limitation period applies to a single continuous infringement as far as calculation of the fine is concerned. The period preceding the expiry of the limitation period may, however, be taken into account in the assessment of the evidence. <<More>>

New Competition Law in Malaysia
HG.org, August 03, 2010

The Malaysian Competition Act 2010 has been gazetted on June 10, 2010 and is expected to be implemented in January 2012. It provides a legal framework for curtailing anti-competitive practices in Malaysia and applies to any commercial activity within Malaysia and outside of Malaysia insofar as the activity was transacted outside Malaysia but which has an effect on market competition in Malaysia.  <<More>>

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