Cambodia Sets Penalties For Competition Law Violations

On March 28, 2023, Cambodia's Ministry of Economy and Finance and Ministry of Commerce issued Inter-Ministerial Prakas No. 168 on Penalties for Persons Violating the Law on Competition. This release was in line with the country's recent establishment of a framework and thresholds for merger filings.

The penalties for violating the Law on Competition center on the following three offenses:

1. Entering into vertical agreements. This can be done by:

• requiring buyers to resell goods or services in limited geographic locations;
• requiring buyers to resell goods or services to specific customers or specific types of customers;
• requiring buyers to purchase goods or services from one seller only;