The Hong Kong Competition Authority brings ten construction and engineering companies to the Tribunal for an alleged market sharing and price-fixing cartel in relation to the renovation of over 800 flats in the public housing sector
Yesterday, the Hong Kong Competition Commission (the HKCC) took ten construction and engineering companies to the Competition Tribunal (the Tribunal) for an alleged market sharing and price fixing cartel relating to the renovation of over 800 flats in On Tat Estate, a public housing estate in Kwun Tong. The alleged conduct violated the First Conduct Rule of the Competition Ordinance.
Market sharing
According to the originating notice, the ten contractors
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