The Hong Kong Legislative Council introduces a cross-sector competition law regime

On 14 June 2012, the Legislative Council adopted the Competition Ordinance, which introduces a cross-sector competition law regime in Hong Kong. Hong Kong is among the last jurisdictions in Asia to introduce a competition legislation of general application. The competition law map of the region is now almost complete, with only Macau, North Korea and a few countries in South Asia with no competition law rules. The rhythm of adoption is however expected to continue unabated, with all members of the Association of Southeast Asian Nations having committed to implement competition policy by 2015. If all of the competition laws in Asia share a common (EU-inspired) heritage, each nonetheless reflects different choices of economic policy. The new Hong Kong law is no exception in this

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Authors

  • Norton Rose Fulbright (Hong Kong)
  • Norton Rose Fulbright (Hong Kong)

Quotation

Marc Waha, Julienne Chang, The Hong Kong Legislative Council introduces a cross-sector competition law regime, 14 June 2012, e-Competitions June 2012, Art. N° 48223

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