2010-AEC-06-02 ASEAN Regional Guidelines on Competition Policy and Handbook on Competition Policy and Law in ASEAN for BusinessIn the ASEAN Economic Community Blueprint, ASEAN Member States (AMS) have endeavoured to introduce nation-wide competition policy by 2015. This is to ensure a level playing field and develop a culture of fair business competition for enhanced regional economic performance in the long run. In August 2007, the ASEAN Economic Ministers endorsed the establishment of the ASEAN Experts Group on Competition (AEGC) as a regional forum to discuss and cooperate in competition policy and law (CPL). The AEGC first met in 2008 and has agreed to focus on, for the next three to five years, building up competition-related policy capabilities and best practices in AMS; developing the ASEAN Regional Guidelines on Competition Policy; and compiling a Handbook on Competition Policy and Law in ASEAN for Business. Both the Guidelines and the Handbook are scheduled for adoption by AMS in 2010. At present, only Indonesia, Singapore, Thailand and Viet Nam have economy-wide CPL and competition authorities, while Malaysia has just adopted nation-wide competition law which is expected to be in force in 2012. Other countries have relied on sector-level policies and regulations to achieve competition policy objectives and are endeavouring to introduce competition policy by 2015. In particular, Cambodia and the Philippines are discussing competition law bills and Lao PDR plans to initiate and introduce national CPL soon.
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