As markets become increasingly sophisticated and competition intensifies, anti-trust regulations have grown in number and complexity. We understand the difficulties faced by companies in dealing with competition law compliance, as they juggle between the convergence of commercial strategies, economics and the law. Particularly, the significant divergence in law between Vietnam and the rest of the world have often led to companies inadvertently breaching the anti-trust laws of Vietnam.
At LNT, we have experience in navigating through even the most highly regulated industries and can deliver practical solutions in an ever-demanding marketplace. We are one of a few firms in Vietnam with a dedicated team specializing in competition law and lie at the forefront of this field. Having represented and advised numerous multinational companies in competition compliance, our lawyers not only have knowledge of the law, but also understanding of the competitive difficulties companies face in Vietnam.
In the Competition sector, we are proud to be one of the best law firms in Vietnam having a specialized practice group with extensive education and training in this particular area of law. We have assisted multinational companies in anti-trust and unfair competition matters, including compliance training, review of contractual agreements, and changes to corporate structure and market strategies.
Our clients have benefited from a broad range of services in our competition law practice, including in:
- mergers and acquisitions and joint venture compliance
- anti-competitive conduct allegations and claims
- Vietnam competition authority investigations
- advertising and marketing material reviews
Merger Filing
Assisted General Electric in securing unconditional Vietnam clearance for its global sale of GE Capital Aviation Services business (GECAS) to global leader in aircraft leasing AerCap Holdings. The deal is valued at more than $30 billion.
Assisted leading semiconductor MNC Advanced Micro Devices in securing unconditional Vietnam clearance for its USD 35 billion acquisition of FPGA inventor Xilinx.
Assisted medical technology leader Siemens Healthineers in securing unconditional Vietnam clearance for its USD 16.4 billion acquisition of Varian Medical Systems.
Assisted Hyundai Heavy Industries Holdings in securing unconditional Vietnam clearance for its acquisition of a controlling interest in leading construction equipment manufacturer Doosan Infracore.
Assisted Sojitz Osaka Gas, a subsidiary of sogo shosha Sojitz Corporation, in securing unconditional clearance for its maiden rooftop solar power joint venture with a foreign investor.
Compliance
Performed a competition law audit on the sales, distribution, M&A and pricing practices of a leading multinational beverage manufacturer.
Performed a competition law audit on a leading pharmaceutical MNC and provided corrective proposals based on the findings and guidelines.
Performed a competition law audit on a leading FMCG conglomerate, provided follow-up corrective proposals and competition law counselling services.
Assess compliance with the new Competition Law of a multinational food packaging manufacturer’s new business model.
Assess compliance with the new Competition Law of certain dealership agreements between the client’s subsidiaries and an automobile importer. The client is one of Japan’s largest sogo shosha.
Competition Litigation
Provided regular counsel for a leading FMCG conglomerate in their competition litigation against international and local competitors.
Advised a leading beer producer in a complaint lodged at the competition authority against a competitor for coercing distributors to cease distributing the client’s products.
Successfully represented one of the largest processed food manufacturers in Vietnam in a complaint lodged at the Vietnam Competition and Consumers Authority against a competitor for using similar packaging.
Represented a multinational furniture manufacturer in a dispute over unfair competitive practices against a local distributor.
Represented a beverage manufacturer, in several unfair competitive cases against their competitors over trademark issues.
Anti-Bribery and Corruption Policy: LNT & Partners has issued and maintained the policy in complying with all applicable laws and regulations on bribery and corruption in Vietnam and worldwide.
