Research Handbook on Asian Competition Law
Show Less

Research Handbook on Asian Competition Law

Edited by Steven Van Uytsel, Shuya Hayashi and John O. Haley

This timely Research Handbook provides a comprehensive overview and discussion of the substantive competition law provisions of the ASEAN Plus Three region, including Hong Kong and Taiwan. Taking a unique comparative perspective, chapters examine Asian competition laws in relation to the existing laws that served as models for them, analysing how and why they deviate.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 14: Competition law in Laos: evaluating its potential for effective enforcement

Steven Van Uytsel and Somsack Hongvichit

Abstract

The competition law in Laos is relatively simple and transparent to apply. Unfair business practices have been interpreted in detail. Unilateral conduct provisions work with a per se illegality standard. Concentrations have been limited in scope to only apply to large firms. The provision on agreements of restraint includes lots of details. Despite the transparent conceptualization, there are some complexities in the law. The provision on agreements in restraint of trade has been made immensely complex by creating different standards of illegality where only one could have sufficed. Moreover, while the provision is upfront with its standards of illegality for price-related agreements, no guidance is given for agreements that are not price related. Whether or not this transparent document will be a matter for enforcement or not will depend on the enforcement agencies. Different interests could capture the agencies, potentially leading to an effective standstill of the law.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.