Hong Kong: Price-fixing to be primary focus of new competition regime

As Hong Kong readies to implement its new competition law, reports are emerging over how regulators will crack down on anticompetitive behavior in the first months of action.

The latest reports suggest authorities will focus on price-fixing when the new competition law comes into affect next year. Hong Kong’s Competition Commission is in the process of drafting the new policies.

Competition Commission senior executive director Rose Webb spoke with reporters about the goals of the new regime, noting that price-fixing will be a top priority but not going into detail about which markets will be targeted by the Commission. Webb joined the Commission only four weeks ago and previously served with the Australian Competition and Consumer Commission.

Full content: South China Morning Post

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