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ASEAN regional cooperation on competition policy
Institution:1. Institute of Southeast Asian Studies, Singapore;2. University of Wollongong, Australia;3. Economic Research Institute for ASEAN and East Asia (ERIA), Indonesia;1. Department of Internal Medicine, Buddhist Tzu Chi General Hospital, Hualien, Taiwan;2. Department of Medical Education, Buddhist Tzu Chi General Hospital, Hualien, Taiwan;3. School of Medicine, Tzu Chi University, Hualien, Taiwan;4. Department of Curriculum Design and Human Potentials Development, National Dong Hwa University, Hualien, Taiwan;1. School of Economics and Finance, Curtin Business School, Australia;2. School of Business & Law, Edith Cowan University, Australia;1. University of Adelaide, Australia;2. The Johns Hopkins University Bologna Center, Italy;1. Department of Economics and Business Administration, The University of Kitakyushu, 4-2-1 Kitagata, Kokura-minami-ku, Kitakyushu 802-8577, Japan;2. Faculty of Economics, Toyo University, 5-28-20, Hakusan, Bunkyo-ku, Tokyo 112-8606, Japan;1. International Monetary Fund, United States;2. Hong Kong Monetary Authority, Hong Kong SAR
Abstract:ASEAN member states intend to establish the ASEAN Community by 2015. A key component of this goal is the formation of the ASEAN Economic Community (AEC). The AEC Blueprint was initiated to facilitate and monitor the implementation of the AEC during the period 2008–2015. Competition policy will play an important role in the achievement of the AEC. There has been significant progress in regional cooperation to achieve the competition policy targets listed in the AEC Blueprint. Even though only half of ASEAN member states (AMSs) have implemented competition laws, regional cooperation in this area has been fairly strong. The main emphasis has been on publishing regional guidelines and a handbook on competition policy in ASEAN as well as capacity building activities. There needs to be a renewed impetus to implement national competition laws in AMSs that have not done so. There also remain significant opportunities for enforcement cooperation and pooling of resources for capacity building in competition policy in the region.
Keywords:Competition policy  Competition law  ASEAN  Regional integration  ASEAN Economic Community
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