Region: Asia-Pacific

Relaxation of foreign investment control rules fails at first hurdle in New Zealand

Lawmakers in New Zealand have rejected a bill that would have exempted investors based in member countries of the Organisation for Economic Co-operation and Development from requiring foreign investment control clearance.

26 September 2022

Enforcers in developing countries monitoring EU efforts to regulate Big Tech

Competition officials in South Africa and India have said both agencies are keeping a close eye on the implementation of EU’s Digital Markets Act but it is too early to say if the countries could enact similar regulation.

23 September 2022

White & Case establishes Australian antitrust practice with partner hire

White & Case has hired Stefanie Benson as a competition partner in Sydney, as the firm attempts to establish a foothold in one of the world’s most active antitrust jurisdictions.

23 September 2022

Indonesian enforcer appoints second new chair in seven months

Indonesia’s Competition Commission has appointed current member M Afif Hasbullah to lead the agency until April 2023.

20 September 2022

Indonesia opens abuse probe into Google’s Play Store payment policy

Indonesia’s Competition Commission has launched an investigation into Google on suspicion the company abused its dominance and engaged in discriminatory practices in the app distribution market.

16 September 2022

Australian government pushes for jail time in criminal cartel case

Australian prosecutors have argued that the imposition of a custodial sentence on a former manager at an active pharmaceutical ingredient producer who has pleaded guilty to criminal cartel charges is necessary for future deterrence.

16 September 2022

CCI launches steel cartel probe

The Competition Commission of India has reportedly opened a price-fixing investigation into nine major steel companies, 18 months after the country’s minister for road transport and highways warned of cartels in the sector.

16 September 2022

CADE president criticises regulatory landscape

High market shares and increased market concentration do not necessarily lead to less competition or episodes of abusive conduct, the president of Brazil’s competition authority has said while cautioning against unnecessary sector regulation.

16 September 2022

Hong Kong seeks first-ever fines in resale price maintenance case

Hong Kong’s Competition Commission has accused a food additive supplier of illegally forcing two of its main local distributors to charge minimum resale prices for monosodium glutamate powder – more commonly known as MSG.

15 September 2022

Australian judge accepts settlement in roofing case

An Australian court has fined two roofing companies and their sole directors €283,000 after they confessed to rigging bids for two projects in the Sydney area.

14 September 2022

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