By Neil Carabine, Edmund Wan, Martyn Huckerby and James Wilkinson King & Wood Mallesons
The Hong Kong Competition Commission has published two key policies setting how it intends to exercise its enforcement powers under the Competition Ordinance. In this article, we provide insight into the Commission’s Enforcement Policy and Leniency Policy for Undertakings Engaged in Cartel Conduct.
Enforcement Policy
The Competition Commission’s Enforcement Policy outlines the Commission’s enforcement priorities and the factors it will take into account when deciding what enforcement action to take.
The Commission will not conduct a detailed investigation into every competition issue it becomes aware of. Rather, it will focus its resources on conduct that it considers causes the greatest overall harm to competition and consumers in Hong Kong.
Read full article, please click here.