On 18 April 2017, the Thai National Legislative Assembly (NLA) submitted the draft Trade Competition Act B.E. 2560 (2017), which it had approved on 24 March 2017 (the New Act), to the Secretariat to the Cabinet. The Prime Minister of Thailand will now present the New Act to the King for royal assent, following which the New Act will be published in the Government Gazette of the Kingdom of Thailand, and become effective 90 days following the date of publication. The New Act is anticipated to come into force before December 2017. It will be followed by the adoption of implementing rules, which will be issued within 365 days from the effective date of the New Act.
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