Asia-Pacific Antitrust Review 2023: APAC competition authorities tactics and developments in Australian competition law

Asia-Pacific: Evolving legislation and enforcement tactics help competition authorities fight cartels and abusive conduct 

Adelaide Luke, Patrick Gay and Joel Rheuben provide a snapshot of broad trends in competition law enforcement across the Asia-Pacific region.

As in earlier years, Asia- Pacific competition authorities have actively pursued cases against domestic and foreign market players alike, while continuing to build capacity and skills.

Key points 

• Legislative and institutional highlights across the Asia-Pacific region
• Emergence of environmental, social and governance issues as areas of focus
• Continued focus on the digital sector
• Evolving enforcement trends in the Asia-Pacific region
• Growing emphasis on the consumer goods sector

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Australia: ACCC sharpens focus on punishing competition contraventions, improving merger control and boosting digital regulation

Linda Evans and Patrick Gay provide a summary of recent developments in Australian competition law and ACCC areas of focus for 2023. It also provides an overview of the key elements of Australian competition law.

Key points 

• Significant increases to maximum penalties for competition and consumer law contraventions
• Continued advocacy in support of proposed reforms to the merger provisions and review process
• Continued competition law enforcement proceedings (ie, criminal proceedings in cartel matters and active enforcement of anticompetitive vertical arrangements)
• Ongoing focus on digital markets
• Specific ACCC-enforced legislation on gas pricing

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Read the rest of the Asia-Pacific Antitrust Review 2023 here.

This PDF was reproduced with the permission of Global Competition Review