Cambodia on track: The Asia-Pacific Tipline for 2 April 2021
GCR ASIA - 02 April 2021
Cambodia is still set to take its seat at the table of Association of Southeast Asian Nations that have a competition law. The country is continuing its push toward implementing antitrust legislation, as it remains the only country in ASEAN without one. We’re off next week but will be back in your inbox the following Friday with all the latest from around the Asia-Pacific region.
Duelling directorships: The Asia-Pacific Tipline for 26 March 2021
GCR ASIA - 26 March 2021
Indonesia’s antitrust watchdog this week raised concerns about the potential competitive harm caused by directors that sit on the boards of rival companies in the same market, advising the country’s Ministry of State Owned Enterprises to tweak regulations that allow for such an overlap. Meanwhile, in the Philippines, a former senior competition official has urged her former agency to investigate a potential pork cartel. Now a lawmaker, Stella Quimbo said the country’s “pork mafia” might be artificially keeping prices high.
News Corp deals: The Asia-Pacific Tipline for 19 March 2021
GCR ASIA - 19 March 2021
The Australian government has spent the past several months orchestrating a law that forces Google and Facebook to pay for displaying news content. That has been met with varying degrees of pushback from the two technology companies, although they now have both cemented deals with New Corporation, a major force in the country’s news landscape.
Ovid the competition law expert: The Asia-Pacific Tipline for 12 March 2021
GCR ASIA - 12 March 2021
Indian politician NK Singh, who chairs the country’s Finance Commission, quoted Roman poet Ovid last Friday when he spoke at the country’s sixth National Conference on Economics of Competition Law. “A horse never runs as fast as when he has other horses to catch up and outpace,” Singh said at the top of his prepared remarks. Alive when the calendar turned from BC to AD, Ovid is perhaps best known for his 15-book mythological narrative Metamorphoses. Yet more than 2,000 years after his death, his words are being used to explain the raw benefits of competition.
10 year anniversary: The Asia-Pacific Tipline for 5 March 2021
GCR ASIA - 05 March 2021
Australian Competition and Consumer Commission chair Rod Sims on Wednesday gave a speech marking the 10 year anniversary of the Competition and Consumer Act in Australia. The law incorporates the Australian Competition Law and focused more on boosting the agency’s consumer protection powers.
Unfriended, then re-friended: The Asia-Pacific Tipline for 26 February 2021
GCR ASIA - 25 February 2021
There were big developments in Australia this week, where the government has been in a months-long battle with Google and Facebook over a mandatory code that would force them to pay for displaying news content.
Data overload: The Asia-Pacific Tipline for 19 February 2021
GCR ASIA - 19 February 2021
Digital platforms remain the flavour of the day in the antitrust world, and competition watchdogs in Indonesia and Japan are the latest to issue reports on the sector. Also in this week’s Tipline, the saga over whether Google and Facebook should pay for news has reached a boiling point in Australia, with the former inking a major deal with NewsCorp and the latter claiming it plans to just stop sharing news on its platform in Australia.
Year of the Ox: The Asia-Pacific Tipline for 12 February 2021
GCR ASIA - 12 February 2021
Today is Chinese New Year, and the lunar calendar has transitioned from the “Year of the Metal Rat” to the “Year of the Metal Ox”. Each year in the 12-year cycle has a Chinese Zodiac, but the cycle also accounts for five elements – wood, fire, earth, metal and water – and this is the first time the metal ox has been represented since 1961. China’s competition authority will likely embrace the time off, as it has been increasingly busy in the waning weeks of the last lunar year.
Bing Down Under: The Asia-Pacific Tipline for 5 February 2021
GCR ASIA - 04 February 2021
Google has threatened to completely pull out of the Australian market for internet search if the government goes forward with a plan forcing it and Facebook to pay news media businesses for displaying their content. Microsoft has said that it would be able to fill the void left by Google with its Bing search engine, although it is not immediately clear whether Bing would be subject to the code. Google features in several stories in this week’s briefing.
Closing time: The Asia-Pacific Tipline for 22 January 2021
GCR ASIA - 22 January 2021
The Asia-Pacific briefing is off next week, but we have a full slate of stories to tide you over, including important developments in China’s crusade against homegrown technology companies. We also noticed hints of a developing trend, as Google closed its merger with Fitbit despite ongoing reviews in Australia and the US; and the London Stock Exchange Group indicated it will close its acquisition of Refinitiv next week despite an open probe in Singapore.