In this edition, David Fruitman, Regional Competition Counsel, working with Jude Ocampo, Partner, Ocampo & Suralvo Law Offices, provides a report on competition within the ASEAN region, particularly from a legislative perspective.
With the passing of the 2015 deadline for implementation of competition policy set out in the ASEAN Economic Community Blueprint, four of the five Member States without comprehensive competition laws enacted new competition laws in 2015. Implementing rules and regulations for these laws have either been promulgated (in the case of the Philippines) or are under consideration (in Brunei, the Lao PDR, and Myanmar). Additionally, from a legislative perspective, amendments to legislation, rules, and guidelines are being considered in a number of Member States with pre-existing competition laws (most notably, Indonesia and Thailand). This edition also provides a brief overview of the competition regime in each Member State.
ASEAN Path is a series of white papers prepared by DFDL’s experts aiming to assess, in more depth, compelling issues arising from the regional economic integration under the auspices of the Association of Southeast Asian Nations (“ASEAN”) Economic Community Blueprint. The articles are based on an in-depth legal analysis of the local and ASEAN legal framework from the perspective of a practitioner assisting foreign and ASEAN investors in their investments and operations throughout various ASEAN Member States.
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