Stephen Crosswell

Stephen Crosswell

Baker & McKenzie


Highly acclaimed and Band 1 ranked  Leading Antitrust Lawyer, Stephen Crosswell is the current Chair of Baker McKenzie's Asia-Pacific Antitrust & Competition Group. He is also that Head of our Greater China Antitrust & Competition team.

Clients laude Stephen for his "years of experience working on competition matters". He is described as a "vital resource for clients seeking to navigate the nuances not only of the new local competition law regime in Hong Kong but also across other Asian jurisdictions – including China". 

Stephen has been granted "Solicitor Advocate" status before the Hong Kong Courts, meaning that he is uniquely placed as a specialist competition advocate in Hong Kong, having rights of audience in the Competition Tribunal and appeal courts. He is representing one of the parties to the first enforcement action that has been taken in Hong Kong's Competition Tribunal.

Practice Focus

Stephen's practice covers a broad range of competition law issues in China, Hong Kong and throughout the Asia Pacific, including competition audits and compliance, competition litigation, competition related judicial review proceedings, access claims, multijurisdictional cartel investigations, merger clearance, collaboration/joint ventures and antitrust advisory. Stephen also regularly advises on competition policy matters, including regulated industry negotiations with governments and regulators, deregulation, privatization and state owned enterprises reform.

Stephen advises across a broad range of sectors, including media and telecommunications, government contracts, oil and gas, electricity, healthcare, retail, banking and finance, property and ports.

Representative Legal Matters


  • Advised FedEx on the China merger control aspects of its USD 4.4 billion acquisition of TNT
  • Advised the Central Group on its bid for Tecsco's USD 10 billion sale of its business in Thailand and Malaysia
  • Advised Platinum Equity, LLC on the China merger control clearance aspects of its USD 4 billion acquisition of Emerson's Network Power Business, and its SGD 150 million acquisition of the Foam Plastics Solutions and the Flow Control Devices businesses from Broadway Industrial Group Limited
  • Advised HonHai (Foxconn) on the China merger control aspects of its USD 3.8 billion acquisition of Sharp (which won the 2017 IFLR Deal of the Year Award)
  • Advised MUFG Bank, Ltd in connection with merger control aspects of its USD 6.5 billion phased acquisition of majority stakes in PT Bank Danamon Indonesia Tbk
  • Advised Murata on the China merger control aspects of its acquisition of Sony’s battery division
  • Advised Sika AG on the China merger control aspects of its USD 2.6 billion acquisition of Parex Group
  • Advised PT Gapura Liqua Mandiri, Multico Infracore Holdings Pte Ltd, Toray Industries, Inc and Toray Industries, Inc (TTC) on obtaining Chinese merger control clearance in respect of an offshore joint venture
  • Advised Nidec on the China merger control aspect of its acquisition of Chaun-Choung Technology Corp. (a Taiwan based listed company focusing on thermal module products)
  • Advised INEOS Styrolution on the China merger control aspects of its acquisition of Total’s polystyrene business in China

Professional Honors

  • Winner, Antirust Writing Awards 2019: Academic, Cross-Border Issues
  • Nominee, Antirust Writing Awards 2017 - 2018: Business, Asian Antitrust
  • Digital certificate for Best in Competition Law 2018
  • Competition Future Leaders (Partners), Who's Who Legal 2018
  • Recognized Expert in Competition & Antitrust (Hong Kong), Euromoney Guide to the World’s Leading Competition & Antitrust Experts 2018
  • Leading Lawyer in Antitrust & Competition (Hong Kong), Asia Pacific Legal 500, 2016 - 2018
  • Leading Lawyer in Competition (Hong Kong), IFLR 1000, 2011, 2015, 2016, 2017, 2018
  • Leading Lawyer in Antitrust/Competition (China/ Hong Kong), Chambers Asia Pacific, 2009 – 2018
  • Leading Lawyer in Antitrust/Competition (China/ Hong Kong), Chambers Global, 2012 – 2017
  • Leading Lawyer in TMT: Telecommunications & Broadcasting (International Firms) (China/ Hong Kong), Chambers Asia, 2009 – 2015
  • Recommended Lawyer in Competition and TMT Litigation, Asia Pacific Legal 500, 2010/11
  • Recommended Lawyer in Telecoms and Regulator Disputes, Asia Pacific Legal 500, 2008/09 – 2010/11

Professional Associations and Memberships

  • IBA Antitrust Committee - Member (appointed 2017)
  • International Competition Network (ICN) - Non-governmental adviser to the Hong Kong Competition Commission (June 2015 – February 2018)
  • Leadership Section of the ABA Section of Antitrust Law International Cartel Task Force - Member (appointed 2016)
  • Hong Kong General Chamber of Commerce - Chairman of Legal Committee (2014 – 2017)
  • Hong Kong General Chamber of Commerce, Working Party on Competition Law - Member
  • Law Society of Hong Kong, Competition Law Committee - Chairman
  • Construction Industry Council, Task Force on Competition Law - Member
  • LexisNexis Editorial Board - Member


  • England & Wales~United Kingdom (2010)
  • Hong Kong (2007)
  • New South Wales~Australia (2003)
  • Australia (2003)
  • New Zealand (1996)


  • University of Auckland (Conjoint Bachelor of Commerce/Law Hons) (1997)