The Republic of the Union of Myanmar enacts its first competition law: A first step in the right direction

On February 24th, 2015, the republic of the Union of Myanmar (“Myanmar”) has enacted its first competition law [1] (the “Law”). It will come into force at a time determined by the President and is currently awaiting the expiry of the statutory 90-day waiting period within which the Myanmar government is to introduce rules and regulations to implement the Law (“Rules”). Myanmar is now the 6th country among the ASEAN member’s countries [2] (“AMCs”) to adopt a comprehensive competition law after Indonesia, Malaysia, Singapore, Thailand and Vietnam. The adoption of the Law is in line with ASEAN’s objectives to introduce a competition policy by 2015 [3]. The Law introduces the basic framework of a sophisticated competition regime and addresses the standard pillars of competition law and also

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Maly Courtaigne-Op, David Fruitman, The Republic of the Union of Myanmar enacts its first competition law: A first step in the right direction, 24 February 2015, e-Competitions February 2015, Art. N° 72135

Visites 216

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues