The Hong Kong Parliament adopts a Competition Ordinance which creates its National Competition Authority

On December 14, 2015, Hong Kong became the latest jurisdiction to prohibit anticompetitive agreements and unilateral conduct. The Competition Ordinance (Ordinance) is Hong Kong’s first cross-sector competition law for this international financial hub. For the first time, the Hong Kong government and private parties have the opportunity to seek damages for anticompetitive conduct under an all-embracing competition law. The Ordinance was signed into law by the Chief Executive of the Hong Kong Special Administrative Region on June 21, 2012. That act created the Hong Kong Competition Commission (Commission). The law provided a three-year transition period during which the Commission has been preparing for implementation of the Ordinance’s substantive provisions and consulting with the

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  • White & Case (Washington)
  • White & Case (Washington)
  • White & Case (Washington)

Quotation

Noah A. Brumfield, Mark J. Gidley, Yi Ying, The Hong Kong Parliament adopts a Competition Ordinance which creates its National Competition Authority, 14 June 2012, e-Competitions Hong Kong Competition Law, Art. N° 77164

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