In October, the US competition authorities (the Department of Justice (DOJ) and the Federal Trade Commission (FTC)) published competition law compliance guidelines aimed at HR professionals involved in recruitment and remuneration decisions for their firms (the US Guidelines). This development is of particular interest from a Hong Kong competition law perspective. Since the introduction of the Competition Ordinance in 2012 (the Ordinance), the Chairperson of the Hong Kong Competition Commission (HKCC) Anna Wu has been eager to emphasise HR as an area of potential concern. Indeed, we understand that the HKCC has recently advised the city’s two largest human resources management institutes against publishing industry-specific salary forecasts. The publication of such forecasts is likely
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The US DoJ and the FTC publish competition law compliance guidelines aimed at HR professionals involved in recruitment and remuneration decisions for their firms
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