Other Asian Countries

By Tasnuva Shelley1   There is international consensus that competition agencies should devote their efforts to enforcing prohibitions against cartels. Competition laws across the world differ in various aspects; however, there is one feature that unites them, i.e. condemning anti-competitive agreements. There is almost universal agreement that price-fixing and market allocation cartels reduce economic efficiency. […]

By Amber Darr (Coventry University)1   When Pakistan promulgated the Competition Ordinance in October 2007, it became the second South Asian country to adopt a competition law that was in alignment with international competition principles and best practices.2 In promulgating the Ordinance, the government of Pakistan hoped to usher in an era of increased economic […]

Regulatory Sandbox and Competition of Financial Technologies in Taiwan By Andy C. M. Chen (Chung Yuan Christian University)1 Financial technology, or “FinTech” for short, has become the buzzword for today’s digital economy. The rapid advancements of information technology and the Internet assist financial institutions to provide their products and services more efficiently and in a […]

New Zealand’s competition regulator on Thursday ruled against Sky Network Television’s acquisition of Vodafone’s New Zealand unit for NZ$1.3 billion . The Commerce Commission said in a statement that it was not convinced the deal would not substantially decrease competition in the New Zealand market. The regulator had in October delayed the decision until February […]

By Yeo Hui Chuan & Jaime Pang – The enforcement of competition law in Singapore has grown in scope and complexity in recent years, reflecting the development of the Competition Commission of Singapore from a nascent competition authority to one whose capabilities match the challenges posed by complex issues faced by other more experienced competition authorities. This […]

By Youngsoog Na – It is difficult to determine a perfect balancing point in the trade-offs between the need to positively readjust an industry structure and the concern for maintaining a competitive market structure. These issues and others came to a head recently in July when the Korea Fair Trade Commission decided to ban the transaction involving […]

By Martha Martinez Licetti, Graciela Miralles Murciego & Georgiana Pop – The majority of countries share a common vision to become prosperous and competitive nations and raise the quality of life for their citizens. Effective and healthy competition is an indispensable ingredient in achieving that vision. The World Bank Group has two goals: eliminating extreme […]

By EeMei Tang, Eugene Chen & Weilu Lim – Even with a decade of advocacy experience under its belt, CCS continues to face challenges moving forward. One of the key challenges is keeping pace with technological advancements and the disruptive changes they bring about in the market. CCS needs to understand these market changes so […]

We’re celebrating the Lunar New Year this month. We’ll hear from China later, but in this issue we’re surveying activity in Asia’s Pacific Rim countries. We start with two overviews of the ASEAN countries and then hear directly from both long-standing and nascent authorities – Indonesia, Malaysia, New Zealand, Singapore, and Vietnam. And although a […]

This article is part of a Chronicle. See more from this Chronicle Kala Anandarajah, Dominique Lombardi, Aug 24, 2015 Singapore was one of the first ASEAN countries to adopt (and enforce effectively) a generic competition law. The decision to introduce a generic competition law was based on the recommendations of the Economic Review Committee in […]

This article is part of a Chronicle. See more from this Chronicle R. Ian McEwin, Aug 24, 2015 Southeast Asia is a region of considerable ethnic differences, levels of economic development, regime types (although all are authoritarian), state administrative capacity, and general institutional development. Despite these considerable differences, the Association of Southeast Asian Nations (“ASEAN”) […]

This article is part of a Chronicle. See more from this Chronicle Ly Huong LUU, Aug 24, 2015 2015 marks the 10th anniversary of the implementation of Vietnam’s Competition Law 2004 (“the VCL”), which is the first-ever comprehensive competition law in Vietnam. The enactment of the VCL in 2004 was considered to be a milestone in […]