By Lim Chong Kin, Ng Ee-Kia and Scott Clements, first published in the November '09 Issue of Asian-Counsel Magazine
An examination of the latest competition developments in Singapore, and what might be expected in 2010.
Authors: Stephen C. Wu / Yvonne Y. Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
On December 22, 2009 the Taiwan Fair Trade Commission cleared the proposed merger among Innolux Display Corp. ("Innolux"), TPO Display Corp. and Chi Mei Optoelectronics, with Innolux being the surviving company and renamed Chimei Innolux Corporation. The proposed transaction involved three major market players in the thin film transistor liquid crystal display business ("TFT LCD") in Taiwan.
Authors: Stephen C. Wu / Yvonne Y. Hsieh
(The article reflects only the authors' opinion and does not represent the opinion of Lee and Li.)
Taiwan Mobile ("TWM") is the second-largest mobile telephone and fixed-line telecom service provider in Taiwan, and it has invested in 4 cable system operators. Kbro is a Taiwanese company invested by Carlyle, and it has invested in 12 cable system operators. At the Fair Trade Commission's meeting held on December 2, 2009, it conditionally permitted the proposed merger of TWM, Cheng Ting, Kbro and 12 cable system operators controlled by Cheng Ting and Kbro.
By Lim Chong Kin
The Competition Commission of Singapore has issued a proposed infringement decision against Singapore's largest ticketing service provider Sistic.com Pte Ltd, for abuse of dominance conduct. In its statement, the CCS said that Sistic.com has separate agreements with The Esplanade and the Singapore Sports Council containing explicit restrictions requiring all events held at the Esplanade and Singapore Indoor Stadium to use Sistic.com as the sole ticketing service provider. The CCS revealed that there were a further 17 agreements with other event organisers. This article provides further detail about the allegations as well as commentary on the issuing of a proposed infringement decision in the context of a section 47 claim of abuse of dominance.
Excerpt from "Getting the Deal Through - Merger Control 2010" (Consulting editor: John Davies)
Set out below is a summary of the merger control regime in Singapore extracted from the 2010 edition of "Getting the Deal Through".