Centre for Law & Business Book Launch – Cartels in Asia : Law & Practice

The Centre for Law & Business (CLB) announced the launch of the new book publication, Cartels in Asia : Law & Practice at the Faculty on 7 May 2015. The book is the product of a research project co-funded by the CLB and the Competition Commission of Singapore in late 2013 where leading competition law scholars from 8 jurisdictions in Asia presented papers at a symposium (“Competition Law and Cartels: An Asian Perspective”) held at the National University of Singapore.

Prof Tan Cheng Han, SC (left), Chairman of the Centre for Law & Business and Mr Toh Han Li (right), Chief Executive of the Competition Commission of Singapore with co-editors, Assoc Prof Burton Ong (NUS Law) & Asst Prof Sandra Marco Colino (The Chinese University of Hong Kong)

Competition law authorities around the world almost invariably make combating cartels an enforcement priority because such forms of collusive behaviour are unequivocally harmful to competition. Hard core cartel agreements typically involve one or more of the most anti-competitive forms of conduct — price-¬fixing, bid-rigging, market allocation and output restrictions — and frequently attract severe legal sanctions in most competition law jurisdictions. However, despite the general agreement among these jurisdictions that cartel activities should be treated unfavourably as a matter of legal principle, the specific features of each legal regime vary from country to country as each jurisdiction must implement laws that are suited to their respective political and economic circumstances.

This book seeks to provide an Asian perspective on a range of legal issues related to anti-cartel laws across a selection of countries in Asia, including Japan, Korea, Taiwan, China, Hong Kong, India, Vietnam and Singapore. The goal is to examine contemporary issues facing the competition law regimes in these countries, with their diverse political systems and market conditions, and to provide insights into the policy challenges faced by their competition authorities in the enforcement of their national anti-cartel laws.

The book is available for sale here.