The Office of Trade Competition Commission
563 Nonthaburi Rd.
Mueang Nonthaburi District
Thailand is one of the first countries in ASEAN to have passed a competition. The Trade Competition Act B.E. 2542 enacted in 1999 and covers both anti-competitive practices (agreements, abuse of dominant position and mergers) and some forms of restrictive/unfair trade commercial practices. It is of general application and does not make any distinction between corporations and individuals. The Act is supplemented by the following implementing rules:
- Notice on dominant business operators;
- Guidelines on unfair trade practices in the wholesale/retail business.
The Trade Competition Commission (TCC) is the responsible authority for the enforcement of the competition law in all sectors, in coordination with sector regulators. The Office of Trade Competition Commission (OTCC was established in the Department of Internal Trade within the Ministry of Commerce. Its main duties are: application and implementation of the Act and recommendations to the Minister of Commerce on the content of Ministerial Regulations based on the Act.
The Act is currently being reviewed in order to strengthen the enforcement of the competition law in Thailand. The proposed amendment is set to adjust the scope of the Act so as to apply to state-owned enterprises, as well as review criteria for market domination and merger thresholds.