Facing Covid-19: Coping with the coronavirus outbreak without breaching antitrust laws (Part 1)
The coronavirus pandemic has brought about far-reaching and wide-ranging health, social and economic consequences. Apart from confirmed cases and fatalities globally, the Covid-19 crisis brings with it unprecedented challenges for businesses in the current global environment.
In this uncertain economic climate, businesses may be legitimately considering collaboration or strategic transactions to manage disruptions in supply and demand, rationalise resources and combine strengths. In this vein, we set out some guidance on positioning and navigating any exposure to potential antitrust risks in Singapore, and more broadly, South-east Asia, for the immediate future, arising from such business collaborations. For the purpose of this client update, we will focus on four main categories of industry collaborations, i.e. information exchanges, joint purchasing or sales agreements, cooperation on R&D and joint ventures.
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Further information
Allen & Gledhill has a Covid-19 Resource Centre on our website www.allenandgledhill.com that contains published knowhow on legal and regulatory aspects of the Covid-19 crisis.
In addition, we have a cross-disciplinary Covid-19 Legal Task Force consisting of Partners across various practice areas to provide rapid assistance. Should you have any queries, please do not hesitate to get in touch with us at covid19taskforce@allenandgledhill.com.
