THAILAND’S NEW MERGER CONTROL REGULATIONS

Author: Parot Promkam, Atittaya Chuaysong (co-author)

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Publisher: Nagashima Ohno & Tsunematsu

Journal / Book: NO&T Asia Legal Review No.6 (December, 2018)

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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

Background
Prior to the enactment of the 2017 Trade Competition Act (“TCA”), the previous 1999 TCA was widely criticized for its lack of enforcement and infamously referred to as a “tiger without teeth”. Such reference stemmed from the fact that the Office of Trade Competition Commission (“OTCC”) failed to enact any merger control regulations for the 1999 TCA. To avoid such issue and ensure that relevant laws are enacted in a timely manner, the 2017 TCA imposed a deadline and required the government authority to issue regulations by 5 October 2018.

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