The Trade Competition Act B.E. 2560 (2017) was a landmark piece of legislation for Thailand, intended to facilitate a free and fair market and support government economic policy by improving market access and strengthening the local trading and investment climate. Since the enactment of the law three years ago, the Trade Competition Commission has adopted a number of subordinate regulations and guidelines to promote effective application of the law, in continuing efforts to cultivate a vigorous enforcement environment. Prudent business operators in Thailand should therefore remain up to date and prepared for stringent enforcement of these measures, to ensure that they remain compliant as the situation evolves.
To that end, Tilleke & Gibbins, in collaboration with Thai Listed Companies Association, will host a webinar to provide insights into the elements of Thailand’s trade competition regime that have the most impact on the trade practices of business operators. Presented by Kobkit Thienpreecha, partner and director of Tilleke & Gibbins’ corporate and commercial group, and Nutavit Sirikan, attorney-at-law, the session will provide an analysis of common commercial practices which may infringe the law, and offer pragmatic guidance on how businesses can ensure that their trade agreements and practices are compliant—an essential consideration in light of the severe administrative fines and potential criminal punishment for infringement under the Trade Competition Act.
The webinar will be broadcast live on November 12, 2020, starting promptly at 2:00 p.m. (GMT+7). If you’re interested in attending this session, which will be delivered in Thai, please register your interest by sending an email to [email protected].