On 29 April 2019, the Hong Kong Competition Commission ("HKCC") published the Cooperation and Settlement Policy for Undertakings Engaged in Cartel Conduct ("Cooperation Policy").
On 6 September 2018, the Hong Kong Competition Commission (HKCC) announced that it has commenced enforcement proceedings against a cartel in the renovation services industry.
On 24 July 2018, the European Commission imposed fines of more than EUR 111 million on four consumer electronics manufacturers for engaging in illegal resale price maintenance (RPM) practices.
Leniency is a form of whistle blowing, where a cartel member discloses to the Hong Kong Competition Commission (the "Commission") the existence of, and information about, a cartel in return for immunity from prosecution.
Cadwalader, Wickersham & Taft LLP
On September 23, 2015, the Hong Kong Competition Commission (the Commission) released a draft leniency policy for undertakings engaged in cartel conduct (the Policy) for public consultation.
Hong Kong's Competition Commission yesterday published a draft leniency policy for companies engaged in cartel conduct.
King & Wood Mallesons
Six changes are being proposed by Government to make roposed competition law more acceptable to the business community.
Hong Kong’s Competition Policy Advisory Group (COMPAG) recently released its 2008/2009 annual report, which includes an outline of complaints that it has received and monitored over the past 12 months relating to alleged anti-competitive practices in Hong Kong, as well as an update on preparation for introduction of the region’s first cross-sector competition law in the coming 6-7 months.
China’s National Development and Reform Council (NDRC) has released draft rules explaining how the various price-related ‘conduct rules’ in China’s Anti-Monopoly Law (AML) will be applied in practice. The draft Rules on Anti-Price Monopoly (“Draft Price Rules”) were published on 12 August 2009 for public comment, with a consultation phase in relation to the draft scheduled to end on 6 September 2009.
Hong Kong's Commerce and Economic Development Bureau has
published a new Consultation Paper including significant
details of the proposed Hong Kong 'Competition
Ordinance' (hereafter referred to as the
"Law"), affirming the Hong Kong
government's commitment to introduce the Law during the
2008/09 legislative session.