SEA View, Article VII: October 2019
In our October (and seventh) issue of #SEAView, Adrian Emch
looks at competition law in Southeast Asia (SEA). Adrian describes
a competition framework which is new and full of nuance. His
message is pervasive: international norms are arriving or settling
into the area, but have local peculiarities which corporates must
be attentive to.
The 21st century has been branded the "Asian century."
That's also, or mainly, because Asian nations have embraced the
market as the primary way to allocate resources.
As part of the growth of Asian market-based economies, there has
also been a push to adopt a remedy against a certain type of market
failure: anti-competitive practices. Indeed, over the past years,
competition law has blossomed in Asia. Except for a few early
birds, like Japan (which enacted the Anti-Monopoly Act in 1947) and
South Korea (which adopted the Monopoly Regulation and Fair Trade
Act in 1980), the competition laws of
