Competition and
Antitrust
Merger
Control
Prepared the post-merger
notification for the acquisition of more than 50% of voting rights in a company active in the development and manufacturing of automotive parts which
complements the client’s group’s business.
Prepared the post-merger
notification for the acquisition of 51% of voting rights in a company active in the distribution of specialty chemicals.
Prepared the
post-merger notification for the acquisition of a company specializing in project logistics by a subsidiary of an integrated transport and logistics
company.
Prepared the post-merger notification for a merger in the insurance industry covering personal accident, supplemental
health, and life insurance business in the Asia-Pacific region.
Prepared the
post-merger notification for the acquisition of a global products
business by a subsidiary of the world’s largest oil company.
Advised on
all aspects of competition law, including preparation of the economist report, resulting in a
successful pre-merger clearance for an airport service
company in its acquisition of a global cargo handler.
Advised WeMedia Shopping Network
Technology Co., Limited (WeMedia) in relation to all aspects of merger control in its
minority investment (21.85%) of USD 25 million in Rewind Pte. Ltd. (Rewind), with an option granted
to WeMedia to acquire the remaining share capital of Rewind at a later date for approximately USD
125 million, to achieve a 100% interest in Rewind. The Rewind group is a one-stop omni channel
solution provider headquartered in Singapore, with its main operations in Thailand. W&I
insurance was undertaken by WeMedia in connection with the acquisition and
option.
Advised SCB Securities Co., Ltd.,
a subsidiary of The Siam Commercial Bank Public Company Limited, in relation to merger
control law in connection with the proposed acquisition of 51% interest in Bitkub Online Co., Ltd.
(Bitkub), a leading digital asset exchange in Thailand, from Bitkub Capital Group Holdings Co., Ltd.
The transaction value is worth approximately THB 17.85 billion. The total market capitalization of
Bitkub is THB 35 billion, marking another Thai "unicorn".
Anticompetitive Conduct
Advised a leading luxury automotive company with respect to competition law
compliance on the opening of an online platform and potential competition concerns with respect to
contemplated arrangements for distribution.
Advised and assisted a vehicle auction house in the defense of an investigation into
unfair trade practice.
Advised a group of major airlines on competition risks relating to a cooperation
agreement among various operators in the air transport industry.
Assisted a
low-cost airline operator in the defense of an investigation
into pricing practices for domestic routes in Thailand.
Advised a
group of major airlines in relation to pricing practices
under investigation by the authority.
Advised a major retail group in relation to merger restrictions imposed by
the Trade Competition Commission and conducted sessions on competition law and good practices for
the company’s personnel.
Advised a super app operator in relation to several investigations by
authorities concerning conduct reported by riders using its application, including issues relating
to price-discrimination, exclusive dealing, and others which may be considered unfair trade
practices.
Advised the leading marketplace
platform operator in successful defenses re: investigations into its marketing campaigns,
i.e., the rounding of fees, and conduct of unfair/unjust discrimination in connection with taking
down a hemp infused product from its marketplace platform.
Advised a
leading e-commerce platform operator, offering ride-hailing
services, food delivery, and payment services, in relation to competition and antirust matters, the
response to a complaint made to the Department of Land Transport, and assisted with the preparation
of its competition law compliance manual for business operations in Thailand.
Compliance
Assisted a global energy management company with the localization of
compliance manuals relating to competition law, covering dealings with competitors and trade
partners, dawn raids, etc. and advised on its whistleblower regime.
Publications
‘Thailand’, Getting the Deal Through – Merger Control, Lexology,
2023
'Q&A: merger notification and clearance in Thailand’,
Lexology, 2023
“Thailand merger control”, LexisPSL, LexisNexis (2021)
