Parliament Passes Business Competition Law

The National Assembly (NA) yesterday passed the Business Competition Law in a move to ensure that competition between businesses in Laos is carried out in a fair and just manner to boost economic growth.
The decree has only five chapters with 17 articles, while the draft law comprises of nine parts, eight chapters and 84 articles. ‚ÄúTherefore, there is a need to upgrade the decree into law. The content of the law is comprehensive and covers all areas of …..

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