Problems In Proposed Changes To Vietnam's Competition Law

Law360, New York (May 10, 2017, 12:21 PM EDT) -- The Vietnam Competition Authority (VCA) is currently working on proposed amendments to the Competition Law of the Socialist Republic of Vietnam, which illustrate the need for economically sound effects-based competition analysis. Among the troubling provisions in the current draft is Chapter IV, Articles 18-20 on abuse of dominance, which would create a presumption of dominance for entities with market shares of 30 percent or more; create competition liability for collective dominance; and treat refusals to license as presumptively unlawful and a number of vertical restraints, including...
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