The merger control regime under the Trade Competition Act, B.E. 2560 (2017) has been in full effect since the end of 2018 due to the promulgation of all relevant subordinate legislation.
Merger control and clearance has developed into a major international issue for companies looking to merge operations across different jurisdictions. Numerous countries have taken a proactive stance on merger filing in M&A and have established laws and guidelines concerning merger clearance. The stakes are now higher and the penalties stronger as more countries employ greater scrutiny over merger deals.