Hong Kong's Competition Law - The Competition Ordinance Bill Unveiled!
Extract
Hong Kong's Competition Law - The Competition Ordinance Bill Unveiled!
By Susan Ning, Ronald Arculli, Peter Waters, and Angie Ng of King & Wood and Gilbert + Tobin (1)
Hong Kong's Competition Bill (the Bill) was gazetted on 2 July 2010.(2) Formal public consultations on a cross-sector competition law for Hong Kong commenced in 2006. The Bill will be tabled in Hong Kong's Legislative Council (LegCo) on 14 July 2010. When the Bill becomes law, it will be known as the Competition Ordinance (CO). The primary objectives of the Bill are two-prong: to prohibit conduct which prevents, restricts or distorts competition in Hong Kong; and to prohibit mergers that substantially lessen competit...See the full content of this document