Thailand’s New Trade Competition Act: A Paper Tiger or Effective Enforcement?
On October 5th, 2017, the new Trade Competition Act B.E. 2560 (2017) (“2017 Act”) become an officially enforced law. It has replaced a previous competition law in Thailand, i.e. the Trade Competition Act B.E. 2542 (1999) (“1999 Act”) which had remained relatively unchanged for almost 20 years. The reasoning behind the enactment of the 2017 [...]