What are regulations on application of the law on competition in Vietnam?
I have a question. Regarding the law on competition, what are regulations on application of the law on competition in Vietnam? Thank you!
Pursuant to Article 4 of the Law on Competition in 2018 (takes effect from 01/7/2019) stipulating regulations on application of the law on competition in Vietnam as follows:
1. This Law governs competition relations in general. Investigation and handling of competitions cases, exemption from prohibition on anti-competitive agreement and notification of economic concentration shall apply this Law.
2. If there is any discrepancy between this Law and other laws in terms of anti-competitive practices, economic concentration, unfair competition practices and handling of unfair competition practices, the latter shall prevail.
Above are regulations on application of the law on competition in Vietnam.
Best regards!









