Regional Workshop on Understanding Key Aspects of Best Practices in the Development of Competition Policy and Law in ASEAN

ASEAN Member States (AMSs) have committed in the ASEAN Economic Community (AEC) Blueprint to introduce nation-wide competition policy and law (CPL) by 2015. This is to ensure a level playing field and incubate 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 AEGC as a regional forum to discuss and cooperate in CPL. The AEGC first met in 2008 and for the next three to five years, has agreed to focus on building up competition-related policy capabilities and best practices in AMSs; developing the ASEAN Regional Guidelines on Competition Policy; and compiling a Handbook on Competition Policies and Laws in ASEAN for Businesses. Both the guidelines and the handbook are targeted deliverables under the AEC Blueprint, and are scheduled for adoption in 2010.

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