2020 has been an interesting year to say the least, with the COVID-19 outbreak changing the way we live, learn, work and play. One notable result has been the hastening of the shift towards e-commerce and platforms, a trend that many of the competition regulators in the region have picked up on and responded to, either by conducting market studies, issuing guidelines or conducting investigations in this area. Competition enforcement and activity by the competition regulators in the region also remained high in the other traditional areas, such as merger review, cartel enforcement and investigations.
Many of your businesses would be impacted by these competition developments, and it is critical for businesses to keep abreast of these legislative and enforcement updates. Hence, we thought that a wrap of the Year in a 2020 Report touching on the countries that we have market leading presence in, i.e. across Southeast Asia, would lend a personal touch to better understanding the climate in each of the countries. We hope that our 2020 Report here is helpful to you, and we would be happy to discuss any of these updates in greater detail with you.
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