July 13, 2017
Thailand’s new Trade Competition Act B.E. 2560 (2017) (TCA) was published in the Government Gazette on July 7 and will come into force 90 days later on October 5. The new TCA will likely lead to many significant changes, including expanding the powers of the Office of Trade Competition Commission (OTCC) and making the OTCC independent from the government. Other important provisions in the new TCA are set out below.Defining market-dominant business operator