Contact Details
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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. |
EducationLL.M., University College London (UCL), UK 2017
LL.B., University College London (UCL), UK, 2015 LanguagesThai, English |
