Cambodia's Law on Competition and Relevant Implementation Regulations

The Law on Competition was promulgated by virtue of the Royal Kram No. NS/RKM/1021/013 dated 5 October 2021 and came into force on 6 October 2021. Following the promulgation of the Law on Competition, the Royal Government of Cambodia issued Sub-Decree No. 37 ANKr.BK on the Organisation and Functioning of the Cambodia Competition Commission setting out the composition, duties, and functions of the Cambodia Competition Commission.

Subsequently, various regulations (collectively referred to as "Regulations") have been issued to facilitate the implementation of the Law on Competition, which touch on the areas of investigation and fines, interim measures, negotiated settlements, business combinations, and the relevant thresholds.

The Regulations are categorised as follows: 

1. Investigations, Settlement, and Penalties
   
   
   • Prakas No. 226 on Formalities and Procedures of Examination and Investigation under the Law on Competition
   • Inter-Ministerial Prakas No. 168 on Fine for Persons Violating the Law on Competition
   • Decision No. 084 on Formalities and Procedures for the Calculation of Pecuniary Fines for Offenses under the Law on Competition
   • Inter-ministerial Prakas No. 041 on Procedure of Imposing Pecuniary Fines for Violation of the Law on Competition
   • Prakas No. 079 on Formalities and Procedures for the Issuance of Interim Measure and/or Decision of the Cambodia Competition Commission
   • Prakas No. 227 on Conditions and Procedures of Negotiated Settlement under the Law on Competition


2. Registration and Notification of Business Combinations
   
   
   • Sub-Decree No. 60 ANKr.BK on Requirements and Procedures for Business Combination
   • Decision No. 095 on the Pre-Merger Notification Thresholds for Business Combination
   • Prakas No. 177 on the Requirements and Procedures for the Registration of Business Combinations Requiring Pre-Merger Notification
   • Prakas No. 178 on Procedures for Post-Merger Notification for Business Combinations.


3. Others
   
   
   • Decision No. 179 on the Formalities and Procedures for the Issuance of Advance Ruling Certificate
   • Decision No. 180 on Delegation of Power of the Cambodia Competition Commission on the Implementation of the Sub-Decree on Requirements and Procedure for Business Combinations.

For more information, click here to read our Legal Update.