COMPETITION LAW IN ASEAN: THE FUTURE OF COMPETITION AUTHORITY IN ASEAN ECONOMIC COMMUNITY
Abstract
Purpose of Study:
AS
EAN countries have entered into the free
-
market era, based on AEC Agreement in 2015. This
ASEAN free market system will certainly stimulate business competition among the members. Therefore, ASEAN needs
competition law and competition authority to foster h
ealthy competition among businesses in the ASEAN area. This
research focuses on; first, that ASEAN members need to develop and harmonize the Competition Law existing in each
country; second, ASEAN members need to set up the Competition Authority to enforce
the implementation of the free
market system