NO&T Asia Legal Review
Background
Under Section 57 of the Trade Competition Act B.E.2560 (2017) (the “TCA”), no business operator shall undertake any conduct resulting in damage to other business operators. Pursuant to this Section 57, the Trade Competition Commission (the “TCC”), as an independent regulator of the TCA, announces guidelines on prohibited action by specific businesses.
In this regard, on 6 December 2019, the Notification of the TCC on Guidelines for Consideration of Unfair Trade Practices in Franchise Business (the “Notification”) was publicly announced and came into force on 4 February 2020. The Notification is the first regulation to impose restriction upon franchise business under the realm of anti-monopoly laws. The purpose of this Notification is to ensure good governance in trade practices and to establish a clear principle in the implementation of fair and reasonable trade practices in accordance with the TCA which will enhance franchise business to be more organized and meet international standards as well as result in a speedy economic growth of the country.
Tsuyoshi Isshiki
Masanori Tosu
Shejal Verma, Rashmi Grover (Co-author)
(January 2024)
Shunsuke Minowa, Yothin Intaraprasong, Ponpun Krataykhwan, Nopparak Yangiam, Poonyisa Sornchangwat, Salin Kongpakpaisarn (Co-author)
Tsuyoshi Isshiki
Masanori Tosu
Ichsan Montang, Anastasia Jessica Maureen (Co-author)
(July 2023)
Axel Kuhlmann, Ryohei Tanaka, Koichiro Yoshimura, Wataru Matsumoto, Yuji Shibata (Co-author)
Rashmi Grover
Ario Putra Pamungkas
Shohei Sasaki, Salin Kongpakpaisarn, Thunyapuck Saicharoen (Co-author)
Yothin Intaraprasong, Poonyisa Sornchangwat, Naruenad Charoenpakdee (Co-author)
Rashmi Grover
Ario Putra Pamungkas
Shohei Sasaki, Salin Kongpakpaisarn, Thunyapuck Saicharoen (Co-author)
Yothin Intaraprasong, Poonyisa Sornchangwat, Naruenad Charoenpakdee (Co-author)
Shohei Sasaki, Salin Kongpakpaisarn, Thunyapuck Saicharoen (Co-author)
Yothin Intaraprasong, Poonyisa Sornchangwat, Naruenad Charoenpakdee (Co-author)
Yothin Intaraprasong, Chattong Sunthorn-opas, Waritpan Titatornwattanasiri (Co-author)
Nopparak Yangiam, Parot Promkam (Co-author)