Competition ordinance hk
WebMar 2, 2016 · This recent implementation of Hong Kong's Competition Ordinance marks a significant step in the evolution of its fledgling antitrust regime. Multinational enterprises doing business in Hong Kong can no longer afford to dismiss the Special Administrative Region as a jurisdiction that has no competition regime or antitrust enforcement. The … WebFebruary 11, 2016 by Conventus Law The First Conduct Rule does not apply to conduct involving two or more entities if the relevant entities are part of the same undertaking. Therefore, if there are any agreements among group companies with regard to wage/bonus levels of staff members, it will not fall under the ambit of the First Conduct Rule.
Competition ordinance hk
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WebThe Competition Ordinance (Cap. 619) applies to all sectors of the economy in Hong Kong and is enforced by the Competition Commission (Commission) and the Communications Authority (which shares concurrent jurisdiction with the Commission in respect to the telecommunications and broadcasting sectors). The Ordinance prohibits … WebThe Competition Ordinance (Ordinance) was passed by the Legislative Council in June 2012 and was set to commence full operation on 14 December 2015. The Ordinance …
WebCompetition also drives efficiency and innovation, and directs businesses to meet consumer demands by providing the right products at the right price and quality. A … WebDec 22, 2024 · Five Years of Antitrust Enforcement in Hong Kong. December 22, 2024. Click for PDF. The substantive provisions of Hong Kong’s Competition Ordinance …
WebThe Competition Bill, covering the whole of the Hong Kong economy, was introduced into the Legislative Council in 2010 and was passed by the Legislative Council on 14 June 2012. It was a ... WebMar 15, 2016 · The Hong Kong Competition Ordinance (Cap. 619) (Ordinance) came into effect on 14 December 2015. Anti-trust laws have been long-established in the US, Europe and Australia—they make for good business practice. In Hong Kong, the Competition Commission has stated that it is ready to be ‘an effective enforcer of the …
WebThe competition law regime in Hong Kong adopts a judicial enforcement model, where sanctions and remedies can only be imposed by the Competition Tribunal. The Tribunal …
WebSep 6, 2024 · In the ordinance, there are three rules which prohibit restriction on competition. they are: –. The first conduct rule and the second conduct rule apply to all sectors of the Hong Kong economy. At present, the Merger Rule only applies to mergers involving carrier licence holders within the meaning of the Telecommunications … promag tactical folding stockWebCompetition also drives efficiency and innovation, and directs businesses to meet consumer demands by providing the right products at the right price and quality. A competitive market leads to lower prices, higher quality of products and more choices for customers. However, anti-competitive practices such as price fixing or output limitation ... labelwriter duo 93105 driver downloadWebJul 19, 2024 · This piece was originally published on Practical Law and is republished with the permission of the publishers. The principal competition legislation in Hong Kong is the Competition Ordinance (Cap 619) which came into full effect on 14 December 2015. The Competition Ordinance prohibits businesses (undertakings) from entering into … promag smith \\u0026 wesson shield .40 s\\u0026w