The Vietnam Government passes a decree guiding the implementation of a few provisions under the competition law

Over a year after the passage of the Competition Law, the highly anticipated Decree No. 35/2020/ND-CP on detailed regulations of a few provisions of the Competition Law ("Decree 35") was finally passed by the Vietnam Government on 24 March 2020. Decree 35 will take effect on 15 May 2020. This Decree provides detailed guidance on, among other things, the specific threshold figures for merger control notification, the definition of "control or influence" for merger control purposes, assessing the significant anti- competitive effects, and measuring market dominance based on "significant market power". We set out these notable changes below: 1. Definition of "control or influence" for merger control purposes Under the Competition Law, an acquisition, for merger control purposes, is

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

  • Baker McKenzie (Hô Chi Minh-Ville)
  • Baker McKenzie
  • One Mount Group (Vietnam)

Quotation

Yee Chung Seck, Le Tuan Minh, Chu Anh Vu, The Vietnam Government passes a decree guiding the implementation of a few provisions under the competition law, 24 March 2020, e-Competitions March 2020, Art. N° 99828

Visites 54

All issues

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