Thailand continues to see a low level of enforcement of its primary competition statute, the Thai Trade Competition Act. In addition, while the statute prohibits anti-competitive mergers and acquisitions, the Office of Thai Trade Competition Commission has still not promulgated notifications setting out filing thresholds for merger regulations. As a result, the Commission has had a limited role to play in preventing concentration in a number of industries, to levels that would be of concern in other jurisdictions. While information on prosecutions in Thailand is somewhat difficult to gather, it appears that there has been no successful prosecution under the Trade Competition Act to date.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.