comparemela.com

Latest Breaking News On - Undertakings engaged - Page 1 : comparemela.com

Investigations update: Hong Kong authorities ramp up enforcement in virtual assets and other sectors | Allen & Overy LLP

Three firms fined by Competition Tribunal over mail inserter cartel case

The Competition Tribunal fined three companies nearly HK$5.58 million on Wednesday for their anti-competitive practices in selling mail inse.

Gibson Dunn | Five Years of Antitrust Enforcement in Hong Kong

December 22, 2020 The substantive provisions of Hong Kong’s Competition Ordinance (“Ordinance”) came into force in December 2015. This note looks at the main achievements in the first five years and some of the challenges laying ahead. The main achievements of the Hong Kong Competition Commission (“Commission”) are first and foremost building up from scratch a competent and trustworthy institution. The Commission has hired seasoned enforcers from overseas with impeccable reputations which has brought immediate credibility to the Commission. It has embarked on a wide range of educational activities, including seminars, advertising and publishing guidelines detailing its enforcement priorities and interpretation of the Ordinance. The Commission has also adopted a world-class leniency programme to facilitate the prosecution of cartels, its main priority. The Commission proceeded to win its first case in court thereby confirming that it is a force to be reckoned with.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.