Amendments to Antimonopoly Law unlikely this year

Legislative debates at the House of Representatives to amend the Antimonopoly Law failed again in September 2019.

Notwithstanding the legislative debates, in early October, the Competition Commission claimed it already has the authority to review transfer of assets transactions, one of the items of amendment debated by the House of Representatives.

 

Enforcement ramps up against late filings

The Commission continues to ramp up its enforcement of merger filing deadlines and against cartels.

On the enforcement front, the Commission has continued to ramp up its enforcement of merger filing deadlines. The Commission has reportedly investigated more than 50 cases of late filings during the third quarter of 2019 alone.

 

Cartel actions continue

The Commission is also continuing its aggressive action against the alleged domestic airlines cartel.

 

Investigation opened into ride-sharing industry

The Commission has initiated its first significant enforcement action in the digital economy - an investigation into the ride sharing industry for discriminatory practices.