The Hong Kong Competition Authority issues fines against six decoration contractors and two individuals for engaging in cartel conduct in contravention of section 6 of the Competition Ordinance which prohibits anti-competitive agreements (Fungs / Yee Hing / Cheung Min / Hing Shing / Luen Hop / Dao Kee...)

On 5 January 2021, the Hong Kong Competition Tribunal ("Tribunal") issued fines totalling approximately HKD 3.26 million against six decoration contractors and two individuals for engaging in cartel conduct in contravention of section 6 of the Competition Ordinance ("Ordinance"), which prohibits anticompetitive agreements. What you need to know - key takeaways The Hong Kong Competition Commission ("HKCC") has identified cartel conduct in the construction sector as a priority area for enforcement action. In line with this

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  • Ashurst (Singapore)

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Angie Ng, The Hong Kong Competition Authority issues fines against six decoration contractors and two individuals for engaging in cartel conduct in contravention of section 6 of the Competition Ordinance which prohibits anti-competitive agreements (Fungs / Yee Hing / Cheung Min / Hing Shing / Luen Hop / Dao Kee...), 5 January 2021, e-Competitions January 2021, Art. N° 99662

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