Competition Law & Anti-Trust

Top Story

Investigation into Grab's Acquisition of Uber in Vietnam Results announced

Vietnam
Competition Law & Anti-Trust
News
en
Date: 12 December 2018; Type: Legal News; Source: Vietnam News Agency

Hanoi, Dec 12 (VNA) - The investigation into Grab's acquisition of Uber in Southeast Asia, including the Vietnamese market, ended on November 18, said the Department of Competition and Consumer Protection (DCCP) under the Ministry of Industry and Trade (MoIT).

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Trade Competition Act to oversee 7-Eleven’s Restaurant Expansions

Thailand
Competition Law & Anti-Trust
News
en
BANGKOK, Nov 5 (NNT) - Thailand's Department of Internal Trade (DIT) has said that CP All Plc is permitted to expand the operations of its 7-Eleven convenience stores as 24-hour restaurants, so long as it doesn’t jeopardize smaller vendors.
Date: 05 November 2018; Type: Legal News; Source: National News Bureau of Thailand

CCCS raises Competition Concerns on Private Clinical Laboratories Merger

Singapore
Competition Law & Anti-Trust
News
en
The Competition and Consumer Commission of Singapore (“CCCS”) has completed its Phase 1 review of the acquisition of Innovative Diagnostics Private Limited (“Innovative”) and Quest Laboratories Pte Ltd (“Quest”) by Pathology Asia Holdings Pte. Ltd. (“PAH”), through its subsidiaries (collectively, the ...
Date: 29 October 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

Subang Jaya Businesses ordered to pay MYCC Penalty

Malaysia
Competition Law & Anti-Trust
News
en
KUALA LUMPUR, Oct 29 (Bernama) - Having been found guilty of infringing Section 4 of the Competition Act 2010 (Act 712), seven tuition and day care centres in SS19 Subang Jaya have been ordered to pay a penalty of RM33,068.85. The Malaysian Competition Commission (MyCC) in a statement today said that the businesses entered into an agreement in ...
Date: 29 October 2018; Type: Legal News; Source: Bernama

CCCS clears Merger of the Rail Mobility Business of Siemens AG with Alstom SA

Singapore
Competition Law & Anti-Trust
Notices & Directives
en
The Competition & Consumer Commission of Singapore (CCCS) had sought feedback from interested parties regarding the impact of the merger of the mobility business of Siemens AG with Alstom S.A and if it would infringe section 54 of the Act against Anti-Competitive Mergers. The CCCS concluded that the Proposed Transaction if carried into effect, ...
Date: 24 October 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

Grab to appeal Fines imposed for Uber Merger

The Philippines
Competition Law & Anti-Trust
News
en
MANILA, Oct 26 (PNA) - Grab Philippines will appeal the decision of the Philippine Competition Commission (PCC) which imposed a PHP12-million fine for allegedly violating the interim measures order imposed during the review of its acquisition of Uber’s operations, its lawyer said Friday.
Date: 26 October 2018; Type: Legal News; Source: Philippine News Agency

CCCS Consults on the Proposed Acquisition by NTUC Enterprise Co-Operative Limited of Kopitiam Investment Pte Ltd

Singapore
Competition Law & Anti-Trust
Notices & Directives
en
The Competition and Consumer Commission of Singapore seeks feedback on the proposed acquisition by NTUC Enterprise Co-operative Limited of 100 per cent of the equity interests in Kopitiam Investment Pte Ltd and its subsidiaries from 1 October 2018 to 12 October 2018.
Date: 28 September 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Consults on the Proposed Acquisition by Nasdaq Technology AB of Cinnober Financial Technology AB

Singapore
Competition Law & Anti-Trust
Notices & Directives
en
The Competition and Consumer Commission of Singapore (CCCS) seeks feedback on the proposed acquisition by Nasdaq Technology AB of Cinnober Financial Technology AB (CINN). Nasdaq Technology declares a public cash offer to acquire up to 100% of the outstanding shares and warrants in CINN. The consultation period is from 17 October to 30 Oct ...
Date: 17 October 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Consults on the Proposed Merger of Paper Distributors Japan Pulp & Paper and Spicers Singapore

Singapore
Competition Law & Anti-Trust
Notices & Directives
en
The Competition and Consumer Commission of Singapore (CCCS) seeks feedback on the proposed acquisition by Japan Pulp and Paper Company Limited of 100 per cent of the issued shares in Spicers Paper (Singapore) Pte Ltd from Spicers Holdings (Asia) Pte. Ltd. from 17 October 2018 to 30 October 2018.
Date: 17 October 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

PCC imposes P16-M fine vs Uber, Grab on Merger Deal

The Philippines
Competition Law & Anti-Trust
News
en
MANILA, Oct 17 (PNA)  The Philippine Competition Commission (PCC) has imposed a PHP16-million fine against ride-sharing firms Grab Philippines and Uber for violating the interim measures it has imposed during the review period of their merger earlier this year.
Date: 17 October 2018; Type: Legal News; Source: Philippine News Agency

Singapore fines Grab and Uber S$13 Million for Merger that harms Competition

Singapore
Competition Law & Anti-Trust
News
en
SINGAPORE, Sept 24 (Bernama) - The Competition and Consumer Commission of Singapore (CCCS) has imposed financial penalties of S$6,419,647 (S$1=RM2.99) on Grab and S$6,582,055 on Uber, respectively, to deter completed, irreversible mergers that harm competition.
Date: 24 September 2018; Type: Legal News; Source: Bernama

Notice of Initiation of Administrative Review of an Anti-Dumping Duty with regard to the Imports of Hot Rolled Coils

Malaysia
Competition Law & Anti-Trust
Legislation
en
This is to notify that the Government of Malaysia has received a request from PT Krakatau Steel (Persero) Tbk. for an administrative review on the imposition of an anti-dumping duty on the imports of hot rolled coils originating or exported from the People’s Republic of China and Republic of Indonesia. The Government of Malaysia has initiated ...
Date: 14 August 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 489 of 2018; Source: AGC Federal Gazette

PCC gives Nod to Grab-Uber Deal

The Philippines
Competition Law & Anti-Trust
News
en
MANILA, Aug 10 (PNA) - The Philippine Competition Commission (PCC) Chairman Arsenio Balisacan announced Friday the antitrust body has given the green light to go ahead with the acquisition deal between transport network companies (TNCs) Grab and Uber.
Date: 10 August 2018; Type: Legal News; Source: Philippine News Agency

Government mulls breaking Monopoly on Sugar Import

Malaysia
Competition Law & Anti-Trust
News
en
KUALA LUMPUR, Aug 2 (Bernama) - The government is considering a proposal to liberalise the Approved Permit (AP) in a move to break the monopoly on sugar import so as to reduce the retail price of the commodity, the Dewan Rakyat was told today.
Date: 02 August 2018; Type: Legal News; Source: Bernama

CCCS ends Assessment of Maritime Products Merger after Parties abandon Merger

Singapore
Competition Law & Anti-Trust
News
en
The Competition and Consumer Commission of Singapore (“CCCS”) has ended its assessment of the proposed acquisition by Wilhelmsen Maritime Services AS (“WMS”) of sole control over Drew Marine’s technical solutions, fire, safety and rescue businesses (“Drew Marine Technical Solutions” or “DMTS”) ( ...
Date: 30 July 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore
Indonesia

Supervisory Commission to crack down on International Cartel Networks

Jakarta (ANTARA News) - Business Competition Supervisory Commission (KPPU) will be immediately in charge of cracking down on the international cartel networks, chairman of the commission Syarkawi Rauf said at a press con ...

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Myanmar

Draft Bill against Real Estate Monopolies sent to Attorney General

A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win.

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The Philippines

Grab to appeal Fines imposed for Uber Merger

MANILA, Oct 26 (PNA) - Grab Philippines will appeal the decision of the Philippine Competition Commission (PCC) which imposed a PHP12-million fine for allegedly violating the interim measures order imposed during the rev ...

PCC imposes P16-M fine vs Uber, Grab on Merger Deal PCC gives Nod to Grab-Uber Deal CA affirms ERC Jurisdiction over Energy Sector Competition Cases more
Thailand

Trade Competition Act to oversee 7-Eleven’s Restaurant Expansions

BANGKOK, Nov 5 (NNT) - Thailand's Department of Internal Trade (DIT) has said that CP All Plc is permitted to expand the operations of its 7-Eleven convenience stores as 24-hour restaurants, so long as it doesn’t j ...

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INDUSTRY UPDATES

House Panel to probe 'Budget Anomalies' in January

MANILA, Dec 13 (PNA) - The House of Representatives rules committee will start its investigation on the alleged “budget anomalies and questionable allocations” by the Department of Budget and Management (DBM) on January 3, Majority Leader Rolando Andaya Jr. announced on Thursday.

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INDUSTRY UPDATES

ASEAN launches Safe Migration Campaign

Jakarta, Dec 12 (ANTARA News) - The Association of Southeast Asian Nations (ASEAN) has launched a safe migration campaign to increase public awareness of the advantages of employing migrant workers.

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INDUSTRY UPDATES

Nation celebrates Universal Declaration of Human Rights

Government agencies and diplomatic and international organisation representatives gathered in Vientiane to mark the 70th anniversary of the Universal Declaration of Human Rights and its lasting impact, which was supported by the United Nations, European Union and Australia.

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INDUSTRY UPDATES

SC welcomes Malaysia's Improved Ranking in Corporate Governance

KUALA LUMPUR, Dec 13 (Bernama) - The Securities Commission Malaysia (SC) is encouraged by the recognition of Malaysia's initiatives to improve corporate governance, which was a result of the collective effort by various stakeholders.

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INDUSTRY UPDATES

MyCC to identify Anti-Competitive Elements in Eggs Market

KUALA LUMPUR, Dec 13 (Bernama) - The Malaysia Competition Commission (MyCC) is working closely with the Ministry of Domestic Trade and Consumer Affairs (MDTCA) to identify any anti-competitive elements that may occur in the domestic market for chicken eggs.

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INDUSTRY UPDATES

MITI, MIDA, Intel hold IoT Forum to review Progress

KUALA LUMPUR, Dec 12 (Bernama) - The Ministry of International Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA) and Intel Malaysia conducted the Internet of Things (IoT) Malaysia Forum 2018 yesterday to review IoT’s progress since its introduction five years ago.

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INDUSTRY UPDATES

Unions request Government to set Workers’ Minimum Wage

Unions have asked the government to set the minimum wage for the construction and service sectors and to solve the five other major problems facing them, a statement released on International Human Rights Day on Monday said.

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INDUSTRY UPDATES

Dewan Rakyat adjourns, Reform Agenda implemented - Speaker

KUALA LUMPUR, Dec 11 (Bernama) - The reform agenda of the Parliament was implemented at the second meeting of the first term of the 14th Parliament which came to a close today after sitting for 30 days since Oct 15.

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INDUSTRY UPDATES

Court proposes Mediation in Theresa Kok's Suit against Jamal

KUALA LUMPUR, Dec 11 (Bernama) - The High Court today proposed that Primary Industries Minister Teresa Kok who filed a libel suit against Datuk Seri Jamal Md Yunos over alleged misuse of Yayasan Warisan Anak Selangor (Yawas) funds, resolve the case via mediation.

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INDUSTRY UPDATES

Vietnam, Laos boost Judicial Cooperation

Hanoi, Dec 10 (VNA) - Vietnamese Minister of Justice Le Thanh Long and his Lao counterpart Xaysi Santivong agreed to work closely together to launch a bilateral cooperation programme for 2019, during their talks in Hanoi on December 10.

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INDUSTRY UPDATES

Nation marks Constitution Day

BANGKOK, 10th December 2018 (NNT) - Today marks National Constitution Day, observing the importance of the administrative document and celebrating its 20 incarnations throughout the democratic history of Thailand.

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INDUSTRY UPDATES

Court has Final Say on Trillanes' Travel Abroad: DOJ

MANILA, Dec 10 (PNA) - Justice Secretary Menardo Guevarra on Monday said the Bureau of Immigration (BI) will not prevent Senator Antonio Trillanes IV from traveling abroad if no travel ban is handed down by the courts against him.

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INDUSTRY UPDATES

Government concerned about Readiness of SMEs to adopt Industry 4.0

KUALA LUMPUR, Dec 10 (Bernama) - The Government is concerned about the readiness of local industries, particularly Small and Medium Enterprises (SMEs), to adopt Industry 4.0.

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INDUSTRY UPDATES

Memorandum of Understanding between Bank Negara Malaysia and Dubai Financial Services Authority

On 28 November 2018, Bank Negara Malaysia (BNM) and Dubai Financial Services Authority (DFSA) had signed a Memorandum of Understanding (MoU) on supervisory cooperation for effective supervision of banking and insurance/ takaful/ reinsurance institutions operating in both countries.

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INDUSTRY UPDATES

DFA holds first ever Gender and Development Assembly

MAKATI, Dec 6- As part of the Department of Foreign Affairs’ (DFA) programs to continually mainstreaming gender and development (GAD) policies in its programs and activities, it hosted the agency’s first ever Gender and Development (GAD) Assembly at the Makati Diamond Residences on 06 to 08 November 2018.

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INDUSTRY UPDATES

Vietnam, Cambodia PMs attend Business Forum

Vietnam and Cambodia could make their two-way trade value at US$7-8 billion by 2020 as they have established sound cooperation across sectors and their governments have regularly taken measures to remove difficulties for businesses, Prime Minister Nguyen Xuan Phuc said.

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INDUSTRY UPDATES

Cambodia, Laos set to boost Bilateral Trade

Cambodia and Laos have pledged to boost trade and investment across their border, while trade volume between the two countries last year was just over $27 million, according to the Cambodian Ministry of Commerce.

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INDUSTRY UPDATES

Revenue Department says it does not collect Higher Tax from Online Merchants

BANGKOK, Dec 8 (NNT) - The Revenue Department has insisted that the Revenue Code Amendment Act draft is not intended to make online merchants pay more tax but to analyze the behavior of taxpayers.

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