The Hong Kong Competition Authority publishes a revised set of model “Non-collusion Clauses” that companies can incorporate into their procurement processes

Competition Commission enhances model “Non-collusion Clauses” to strengthen protection for procurers against attempts to undermine competition* The Competition Commission (Commission) today published a revised set of model “Non-collusion Clauses” for procurers to incorporate in their invitation to bid documents and contracts. The newly added clauses require bidders to disclose information on their beneficial ownership which, in turn, will provide procurers with greater clarity as to the competitiveness of the procurement process. Bid-rigging, market sharing and