Educational Information Only
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TCA Section 54 — Cartels — horizontal agreements
Trade Competition Act (พระราชบัญญัติการแข่งขันทางการค้า) — Section 54.
Plain-English Summary
Prohibits hardcore cartel agreements (price-fixing, market allocation, bid-rigging) between competitors.
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
Trade Competition Act
พระราชบัญญัติการแข่งขันทางการค้า · B.E. 2560 (2017)
The Trade Competition Act B.E. 2560 (2017) is Thailand's modern antitrust statute, replacing the 1999 framework. It is enforced by the Office of Trade Competition Commission (OTCC) and prohibits abuse of dominance, anti-competitive agreements (cartels, vertical restraints), and unfair trade practices. Mergers above prescribed thresholds require pre-merger notification.
The summary above is a plain-English educational paraphrase of Section 54 of the Trade Competition Act. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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