Cartel Leniency in Hong Kong

Cartel Leniency in Hong Kong

CPI Asia Column edited by Vanessa Yanhua Zhang (Global Economics Group) present: Cartel Leniency in Hong Kong By Sébastien J Evrard, Virginia Newmann and Scott D. Hammond (Gibson, Dunn & Crutcher)1 Click here for a pdf version of this article.   This contribution provides an overview of the leniency framework for cartel conduct in Hong Kong. It […]

Hong Kong: Regulator plans greater cartel cooperation incentives

Hong Kong: Regulator plans greater cartel cooperation incentives

The Hong Kong Competition Commission has published proposals for a cooperation and settlement policy aimed at encouraging companies involved in cartels to step forward and help with investigations.14 May 2019 The new policy (16 page / 416KB PDF) sits alongside the commission’s existing leniency policy, and will be available for businesses which cannot benefit from […]

Hong Kong: Competition Commission chairwoman suggest tightening of completion law

Hong Kong: Competition Commission chairwoman suggest tightening of completion law

On Wednesday, January 16, Hong Kong Competition Commission chairwoman Anna Wu Hung-yuk revealed that the body was reviewing the Competition Ordinance with the government, about three years after the law came in. Wu said one of the topics she would bring up was widening the law’s scope to regulate mergers likely to greatly reduce competition […]

Hong Kong: Decorators accused of bid rigging

Hong Kong: Decorators accused of bid rigging

Ten decoration and engineering companies in Hong Kong have been accused of breaching competition law by working together to fix prices and share the renovation market on a new public housing estate. As well as price fixing and agreeing among themselves on bidding for renovation work at Phase One of On Tat Estate in Kwun […]

Hong Kong: Ex-DOJ antitrust official takes top job at HKCC

Hong Kong: Ex-DOJ antitrust official takes top job at HKCC

The Hong Kong Competition Commission announced today that Brent Snyder, former Deputy Assistant Attorney General for criminal antitrust enforcement at the US Department of Justice, has been appointed as its new Chief Executive Officer. Brent Snyder will take over on September 4, 2017 from the incumbent, Rose Webb. Brent Snyder brings with him over 14 […]

Hong Kong: Watchdog investigates cartel petrol prices

Hong Kong: Watchdog investigates cartel petrol prices

The Hong Kong Competition Commission will release a study on petrol prices and competition conditions of the auto fuel market in the next two months. This is do to many claims and complaints that oil firms may be operating like a cartel. At a Legislative Council economic development panel meeting the commission revealed the timeline […]

First Year Of Enforcement Of The Competition Ordinance In Hong Kong

First Year Of Enforcement Of The Competition Ordinance In Hong Kong

By Ping Lin and Tom Ross – Hong Kong’s Competition Ordinance (“CO”) came into effect on December 14, 2015. This article reviews what proved to be an active first year for the new competition policy regime. The authors begin by summarizing the considerable amount of work undertaken by the Hong Kong Competition Commission (“HKCC”) in advance […]