The Emerging Competition Laws of Hong Kong and the PRC - How Trade and Professional Associations Are Impacted
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The Emerging Competition Laws of Hong Kong and the PRC - How Trade and Professional Associations Are Impacted
Article by Hannah C. L. Ha , John M. Hickin and Gerry P. O'Brien
Originally published 25 June 2010 Keywords: competition law, trade associations, cartels, abuse of market power, AML, Trade and professional associations (hereafter, 'Associations') play a vital role in the economy. By representing members of particular industry sectors or professions, they provide a platform for the promotion of common interests, and a forum for collective discussions and activities such as lobbying, advocacy, research, education and the promotion and improvement of product or service standards. However, because Association activities usually involve the interaction of direct competitors, and Associations will commonly be the sole provider of certain services to their members, their activities and operating arrangements regularly raise competition law concerns. This was borne out by the recent Hollywood film 'The Informant!', which was based on real life events relating to a global cartel of ...See the full content of this document