Competition Law & Anti-Trust

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Competition Compliance Toolkit for Businesses in ASEAN

This toolkit aims to provide businesses with information on the basic principles of competition law, benefits of competition compliance, as well as guidelines on implementing an internal Competition Compliance Programme (CCP) in the ASEAN context.

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CV Duta Mulya Pratama DKK v Komisi Pengawas Persaingan Usaha (KPPU)

Date: 23 January 2019; Court: Supreme Court of Indonesia; Citation: SC No. 182 PK/Pdt.Sus-KPPU/2018; Source: Supreme Court of Indonesia

Eight Firms fined RM1.94 Million for Bid Rigging - MyCC

KUALA LUMPUR, March 5 (Bernama) - The Malaysian Competition Commission (MyCC) has fined eight companies a total of RM1.94 million in penalties for bid rigging through tenders offered by the National Academy of Arts, Culture and Heritage (Aswara).
Date: 05 March 2019; Type: Legal News; Source: Bernama

MYCC accepts changes to MYEG System, Daily Penalty ceases

KUALA LUMPUR, March 5 (Bernama) - The Malaysian Competition Commission (MYCC) has accepted the changes made by M.Y. EG Services Bhd (MYEG) to its online foreign worker renewal system.
Date: 05 March 2019; Type: Legal News; Source: Bernama

PCC raises Threshold for Merger Notifications

MANILA, Feb 21 (PNA) - The Philippine Competition Commission (PCC) has raised the threshold for mandatory notifications of mergers and acquisitions (M&A) to ensure that transactions will not substantially lessen competition in the market.
Date: 21 February 2019; Type: Legal News; Source: Philippine News Agency

CCCS Clears Proposed Acquisition by Gebr Knauf KG of USG Corporation

The Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed acquisition of USG Corporation by Gebr. Knauf KG, concluding that the proposed acquisition, if carried into effect, will not infringe the Section 54 prohibition of the Competition Act.
Date: 08 February 2019; Type: Press Release; Source: Competition and Consumer Commission of Singapore

RM9.4 Million Penalty imposed on MyEG for infringing the Competition Act 2010

Upon the dismissal of MyEG’s Judicial Review application by the High Court on 22 January 2019, Malaysia Competition Commission (MyCC) has instructed its solicitors to demand compliance with the remedial orders as set out in the Competition Appeal Tribunal (CAT) Decision and for the payment of the daily penalty.
Date: 08 February 2019; Type: Press Release; Source: Competition Commission

MyEG receives Warning for Non-Compliance in RM9.46 Million Penalty

KUALA LUMPUR, Feb 8 (Bernama) - The Malaysia Competition Commission (MyCC) has warned MyEG Services Bhd for continuously been in non-compliance with the decision of the Competition Appeal Tribunal (CAT) on Dec 28, 2018 to pay a daily penalty of RM7,500.
Date: 08 February 2019; Type: Legal News; Source: Bernama

CCCS Issues Infringement Decision against the Exchange of Commercially Sensitive Information between Competing Hotels

The Competition and Consumer Commission (CCCS) of Singapore issued an Infringement Decision against the owners/operators of various hotels.
Date: 30 January 2019; Type: Press Release; Source: Competition and Consumer Commission of Singapore

PCC imposes P6.5-M Fine on Grab for Submitting Wrong Data

MANILA, Jan 25 (PNA) - The Philippine Competition Commission (PCC) slapped a PHP6.5-million fine on ridesharing firm Grab Philippines after it violated its voluntary commitments following the approval of its acquisition of Uber last year.
Date: 25 January 2019; Type: Legal News; Source: Philippine News Agency

PCC rejects URC Voluntary pledges on Sugar Mill Buyout

MANILA, Jan 25 (PNA) - The Philippine Competition Commission (PCC) announced on Friday that it has rejected the voluntary commitments offered by Universal Robina Corp. (URC) in its acquisition of Central Azucarera Don Pedro, Inc. (CADPI) in Batangas.
Date: 25 January 2019; Type: Legal News; Source: Philippines News Agency

High Court upholds MyCC Decision against MyEG

KUALA LUMPUR, Jan 24 (Bernama) - The High Court of Kuala Lumpur has upheld the decision of the Malaysia Competition Commission (MyCC) against MY E.G. Services Bhd and MYEG Commerce Sdn Bhd (collectively referred to as MyEG) under section 10(2)(d)(iii) of the Competition Act 2010 for abusing its dominant position.
Date: 24 January 2019; Type: Legal News; Source: Bernama

CCCS Consults on the Proposed Acquisition by DKSH Holding (S) of Auric Pacific Marketing and Centurion Marketing

The Competition and Consumer Commission of Singapore is conducting a public consultation from 17 to 30 January 2019 to invite feedback on the proposed acquisition by DKSH Holding (S) Pte. Ltd. of all the shares of Auric Pacific Marketing Pte. Ltd. and Centurion Marketing Pte. Ltd.
Date: 17 January 2019; Type: Press Release; Source: Competition and Consumer Commission of Singapore

Sector Regulators meet to discuss Competition Issues

KUALA LUMPUR, Dec 21 (Bernama) - The Malaysia Competition Commission (MyCC) held a special committee meeting recently to discuss issues related to the competition law and policy to ensure consistency in the application of the law between sector regulators. It also discussed issues on cross-jurisdictional matters. The special committee con ...
Date: 21 December 2018; Type: Legal News; Source: Bernama

CCCS Clears the Proposed Acquisition by NTUC Enterprise Co-operative Limited of Kopitiam Investment Pte Ltd

This is to notify that the Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed acquisition by NTUC Enterprise Co-operative Limited (NTUC Enterprise) of 100 percent of the equity interests in Kopitiam Investment Pte. Ltd. and its subsidiaries (Kopitiam).
Date: 20 December 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

Competition Compliance Toolkit for Businesses in ASEAN

This toolkit aims to provide businesses with information on the basic principles of competition law, benefits of competition compliance, as well as guidelines on implementing an internal Competition Compliance Programme ...

Eight Firms fined RM1.94 Million for Bid Rigging - MyCC MYCC accepts changes to MYEG System, Daily Penalty ceases RM9.4 Million Penalty imposed on MyEG for infringing the Competition Act 2010 more

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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PCC raises Threshold for Merger Notifications

MANILA, Feb 21 (PNA) - The Philippine Competition Commission (PCC) has raised the threshold for mandatory notifications of mergers and acquisitions (M&A) to ensure that transactions will not substantially lessen comp ...

PCC imposes P6.5-M Fine on Grab for Submitting Wrong Data PCC rejects URC Voluntary pledges on Sugar Mill Buyout Grab to appeal Fines imposed for Uber Merger more

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

MAS scores, sets Benchmark for Others

The Monetary Authority of Singapore's (MAS) enforcement report has revealed how it polices the financial markets under its charge, and is a welcome indicator of the greater openness the market has long sought, as the report mainly focused on market abuse, financial services misconduct, and money laundering-related control breaches.

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PRRD terminates Appointment of GRP Panel Members

MANILA, Mar 20 (PNA) - Malacañang on Wednesday confirmed the termination of the appointments of government peace negotiators with communist rebels "in view of the termination of the peace negotiations" with the Communist Party of the Philippines-New People's Army-National Democratic Front (CPP-NPA-NDF).

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Malanjum keeping Mum about his Successor

KUALA LUMPUR, Mar 20 (Bernama) - Chief Justice Tan Sri Richard Malanjum, who is due for compulsory retirement in April only smiled broadly and chose to remain secretive when asked about his successor.

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MP Noh Omar expelled from Dewan Rakyat for Three Days

KUALA LUMPUR, Mar 19 (Bernama) - Tanjung Karang MP Tan Sri Noh Omar has been expelled from the Dewan Rakyat for three days from today.

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ICC Prosecutors to be deported if they Probe Drug War

MANILA, Mar 18 (PNA) - Prosecutors of the International Criminal Court (ICC), who will enter the Philippines to investigate the Duterte administration’s war on drugs, may be deported, Malacañang said on Monday.

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Selangor wants tougher Environmental Laws

SHAH ALAM, Mar 17 (Bernama) - The Selangor government wants to enforce more stringent laws to address issues related to environmental pollution in the state, said Menteri Besar Amirudin Shari.

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Rosmah's Graft Case transferred to High Court

KUALA LUMPUR, Mar 15 (Bernama) - The High Court here today allowed the prosecution's application to transfer from the Sessions Court to the High Court the case involving two graft charges filed against Datin Seri Rosmah Mansor, who is the wife of former Prime Minister Datuk Seri Najib Tun Razak.

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IBP condemns Slay of another Lawyer in DavNor

MANILA, Mar 14 (PNA) - The Integrated Bar of the Philippines (IBP) on Thursday urged authorities to take action on the latest killing of a lawyer, Rex Jasper Lopoz, who was gunned down last March 13 in front of a shopping mall in Tagum City, Davao del Norte.

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IPOPHL brings IP-focused MCLE Program to Cebu

MANILA, Mar 14 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) will be mounting the 2019 edition of the Mandatory Continuing Legal Education (MCLE) this March in Cebu, to expand its education drive and reach out to IP practitioners in the Visayas.

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ASEAN aims at creating Future Digitally-Skilled Youths

Jakarta, Mar 14 (ANTARA) - Seven ASEAN member states, through the ASEAN Digital Innovation Programme initiated by the ASEAN Foundation in collaboration with Microsoft, aim to create digitally-skilled youths prepared to tackle challenges of the digital workspace in future.

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Tanintharyi Landholders sued under New Law

Local government officials and companies are already using the recently amended land law to remove villagers from disputed land, according to lawyers in southern Myanmar.

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SC to facilitate Greater Investor Inclusiveness

KUALA LUMPUR, March 14 (Bernama) - Opening local corporate bonds and sukuk to retail investors who meet the requirements set are among the steps taken by the Securities Commission Malaysia (SC) to promote investors inclusiveness in the local market.

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SC aims Further Expansion of Islamic Capital Market, says Chairman

KUALA LUMPUR, March 14 (Bernama) - The Securities Commission (SC), the regulatory body of the capital market, aim to foster growth that is premised on long-term value creation by intensifying efforts to further expand the Islamic capital market as well as the closely-linked sustainable finance segment.

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National E-Document Exchange Platform launched

Hanoi, Mar 12 (VNA) - The Government Office held a ceremony in Hanoi on March 12 to launch the National E-Document Exchange Platform, a move towards a digital government and economy.

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Cabinet approves 5Bn Baht Agro Subsidies

BANGKOK, Mar 13 (NNT) - The weekly Cabinet meeting has allocated another five billion baht to support rice agriculture during the current production year.

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CJ seeks to remove Parts of Hamid Sultan's Affidavit

KUALA LUMPUR, Mar 13 (Bernama) - Chief Justice Tan Sri Richard Malanjum today filed an application to remove parts of the supporting affidavit filed Court of Appeal Judge Datuk Dr Hamid Sultan Abu Backer in the lawsuit by the late Karpal Singh’s daughter, claiming that it was outrageous, insulting and an attack to the Judiciary.

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Up to PM to shortlist Candidates for CJ's Post - Liew

KUALA LUMPUR, Mar 12 (Bernama) - The Law Minister in the Prime Minister’s Department Datuk Liew Vui Keong today said that he has no information about the candidates shortlisted to be appointed as the new Chief Justice to replace Tan Sri Richard Malanjum who will retire from the post next month.

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Sabah helps Children without Documents through Legalization Program

KOTA KINABALU, Mar 12 (Bernama) - Children born in Sabah and categorised as foreigners even though one of their parents were local residents, will be given aid through a legalisation programme which will ensure a better future for them.

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