Over the past 18 months there has been a number of significant changes to Asia’s competition landscape, including the introduction of new civil and criminal sanctions for breaches of competition laws, the development of an unfair contracts regime, the continued evolution of class actions and follow-on actions for damages for breaches of competition laws, and a convergence of competition law and enforcement actions across multiple jurisdictions.
At the forefront of these changes, our dedicated Competition team has worked closely with clients to engage in informed debate with interested parties, including governments and regulators, and to help prepare for changes as they are introduced.
As a full service practice, our team is recognised for its depth of experience and strong understanding of multiple business sectors. This sectoral expertise is critical to our ability to arrive at innovative solutions for complex issues occurring in the context of strategic transactions, customer engagement, the competing interests of different stakeholders and new policies and procedures.
Across all competition law matters, clients benefit from our strong relationships with the Australian Competition and Consumer Commission (ACCC) and other State and Federal regulatory bodies. Our years of experience working with these regulators means that we are well versed in their policies and approaches in transactions and investigations.
As international regulators work together more closely, clients are able to take advantage of our capability in Asia, including our strong relationships with leading law firms in the region as well as the US and Europe, to prepare for and respond to investigations and proceedings which are launched globally.