Rak-ake Siribhadra

Associate


Contact Details

T: + 66 2 264 8000
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Email:
Mr. Rak-ake Siribhadra is an associate in the competition and antitrust practice group at Weerawong C&P. He advises clients across a number of industries on the full scope of competition law matters, ranging from behavioral matters involving the clarification of business practices, to merger control filings (pre-merger filings and post-merger notifications), to the preparation of competition law compliance programs.
 
Recent Experience

Led the successful defense of a leading e-commerce platform operator in the investigations by the Office of the Trade Competition Commission in relation to its business practices, including fee round up and the sale of hemp-derived products.

Advised a leading e-commerce platform operator, offering ride-hailing services, food delivery, and payment services, in relation to competition and antirust matters, the response to a complaint made to the Department of Land Transport, and assisted with the preparation of its competition law compliance manual for business operations in Thailand.

Advised WeMedia Shopping Network Technology Co., Limited (WeMedia) in relation to all aspects of merger control in its minority investment (21.85%) of USD 25 million in Rewind Pte. Ltd. (Rewind), with an option granted to WeMedia to acquire the remaining share capital of Rewind at a later date for approximately USD 125 million, to achieve a 100% interest in Rewind. The Rewind group is a one-stop omni channel solution provider headquartered in Singapore, with its main operations in Thailand. W&I insurance was undertaken by WeMedia in connection with the acquisition and option.
 
Advised SCB Securities Co., Ltd., a subsidiary of The Siam Commercial Bank Public Company Limited, in relation to merger control law in connection with the proposed acquisition of 51% interest in Bitkub Online Co., Ltd. (Bitkub), a leading digital asset exchange in Thailand, from Bitkub Capital Group Holdings Co., Ltd. The transaction value is worth approximately THB 17.85 billion. The total market capitalization of Bitkub is THB 35 billion, marking another Thai "unicorn". The deal was signed on 2 November 2021 and is expected to be completed by the first quarter of 2022. 

Education

LL.M., University College London (UCL), UK 2017
LL.B., University College London (UCL), UK, 2015

Languages

Thai, English

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