News

• Do Businesses Understand Competition Law?

  August 5, 2015

  – This spring, the UK Competition and Markets Authority (the “CMA”) published a study on UK businesses’ awareness and understanding of competition law, understanding of anti-competitive behaviors, and penalties for any violations.
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• China to introduce fair competition reviews into industrial policy

  July 25, 2015

  – SHANGHAI – China plans to introduce fair competition reviews into its industrial policy process, the official Xinhua news service reported on July 25, 2015, quoting State Administration for Industry and Commerce head Zhang Mao.
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• Senator calls for investigation of Apple’s music streaming policies

  July 22, 2015

  – Apple’s licensing terms for competing music streaming services may be raising prices for consumers, a potential unfair competition issue that should be investigated, a U.S. senator alleged on July 22, 2015.

  Sen. Al Franken, a Democrat representing Minnesota, called on the Department of Justice and the Federal Trade Commission to probe whether Apple’s licensing terms for streaming music apps puts competing companies at a disadvantage.
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• Laotian Parliament Approves Business Competition Law

  July 16, 2015

  – The Laotian National Assembly approved on July 16, 2015 a Business Competition Law, with which it aspires to guarantee fair participation in the market that boosts economic growth.

  When presenting the proposal previously in the ninth period of full sessions, the vice minister of Industry and Trade, Bounmy Manivong, said it was the time for the country to have this kind of legislation.
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• Study By Former FTC Advisor Tim Wu Claims Google Local Search Results Violate Competition Laws

  June 29, 2015

  – The Wall Street Journal reports researchers from Columbia Law School and Harvard University Business School claim Google is degrading its search results by delivering self-promoted content over results based on relevancy.

  Sponsored by Yelp, a complainant listed in the EU’s antitrust case against Google, the study was conducted by former FTC advisor Tim Wu from Columbia Law School and Harvard Business School’s Michael Luca.
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• Freedom Vs. Protection

  June 20, 2015

  – Vietnam is at the threshold of a series of new-generation free trade agreements (FTAs) that promise once-in-a-life-time chances for her economy. However, while swinging the door open to new markets, these FTAs would further narrow down the leeway within which the Government can take actions to carry out policies supporting local industries. The narrower the leeway becomes, the more sophisticated the policies must be.
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• EU FTA to unlock green-growth

  August 9, 2015

  – HCM CITY — The free trade agreement being negotiated between Viet Nam and the EU is expected to encourage businesses to reform and update technology, an important factor in promoting green growth in the country, according to the deputy chairman of the HCM City People’s Committee.

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• TPP seen from different views

  June 13, 2015

  – Policymakers have enough cogent arguments for the unprecedented economic integration process currently unfolding in Vietnam. However, albeit in full support of such a process, economists have equally sound reasons for worrying about the poor health of local enterprises and the economy.
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