Competition law hong kong

What is the merger rule in Hong Kong?
The Merger Rule prohibits mergers between businesses which substantially lessen competition in Hong Kong.
At present, the Merger Rule only applies to mergers involving carrier licence holders within the meaning of the Telecommunications Ordinance (Cap106)..

The Competition Ordinance is designed to promote competition and prohibit anti-competitive practices. The introduction of a cross-sector competition regime to Hong Kong is an important step in safeguarding our shared value of fair competition.

The main source of competition law in Hong Kong is the Competition Ordinance (Cap 619). The Competition Ordinance provides for three main prohibitions: A prohibition on restrictive agreements and concerted practices; A prohibition on the abuse of a substantial degree of market power; and.

Can a private litigant bring a 'follow-on' action in Hong Kong?

In Hong Kong, private litigants can only bring “follow-on” actions for damages suffered as a result of conduct in breach of the Competition Ordinance after the conduct has been ruled as a contravention of the competition rules by the Competition Tribunal.

Does the merger rule protect fair competition in Hong Kong?

prohibition of direct or indirect merger that results in the effect of substantially reducing competition in Hong Kong, under the Merger Rule.
In these two years, we have seen significant rulings and enforcement action taken by the Commission and the Competition Tribunal (the ‘Tribunal’) in safeguarding fair competition in Hong Kong.

Leniency

The Commission has adopted policies encouraging parties to cooperate with its investigations in return for a reduction of sanctions.
These policies are mainly available to parties participating in cartel conduct, such as price-fixing, market sharing or bid-rigging.
They differ depending on whether a party is the first to assist the Commission.
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Public and Private Enforcement

Under the Competition Ordinance, the Competition Commission and the Communications Authority have the power to investigate.
Adjudicative powers are conferred on the courts, principally the Competition Tribunal.
The Competition Commission It is the principal competition authority responsible for enforcing the Competition Ordinance through enforcemen.

What is competition law in Hong Kong?

The main source of competition law in Hong Kong is the Competition Ordinance (Cap 619).
The Competition Ordinance provides for three main prohibitions:

A prohibition on restrictive agreements and concerted practices; .

Why is Hong Kong introducing a cross-sector competition regime?

The Competition Ordinance is designed to promote competition and prohibit anti-competitive practices.
The introduction of a cross-sector competition regime to Hong Kong is an important step in safeguarding our shared value of fair competition.

Political party in Hong Kong

Citizens Party was a small pro-democracy political party existed in Hong Kong from 1997 to 2008.
It was founded by Legislative Council member Christine Loh in May 1997.

Hong Kong statutory organisation

The Competition Commission is the independent statutory body charged with regulating competition in Hong Kong.
It was established under the Competition Ordinance, enacted in June 2012, which aims to prohibit conduct that prevents, restricts or distorts competition, and to prohibit mergers that substantially lessen competition in Hong Kong.