Tuesday Sep 24, 2019
6:30 PM - 8:30 PM ICT
Dream Bangkok Soi Sukhumvit 15 (BTS: Asoke exit 1 or MRT: Sukhumvit exit 3)
Members: 1,000 Baht
Non-members: 1,500 Baht
REGISTER HERE
AMCHAM in collaboration with BCCT and AustCham invite you to an evening presentation on new merger provisions in the Trade Competition Act and its implications for your business.
The amended Trade Competition Act (2017) imposes substantial merger notification obligations where relevant turnover exceeds 1 billion Baht. Mergers are defined to include not only mergers between competitors or between buyers and sellers but also the acquisition of all or part of the assets or stocks in order to control another business.
Permission must be obtained from the Trade Competition Commission in advance where the outcome leads to a monopoly or a dominant position. Other mergers that ‘substantially reduce competition’ must be notified to the Commission within seven days of completion. To comply, businesses contemplating mergers or acquisitions must aware of all relevant competition law markets involved in the transaction and be able to assess the likely impact of the merger on competition.
Printed courtesy of www.amchamthailand.com/ – Contact the The American Chamber of Commerce in Thailand for more information.
101 True Digital Park, Griffin Building,, Bangchak, Phra Khanong, Bangkok 10260 – +66 (0)2 119 3350 – event@amchamthailand.com