antitrust

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By:  Kenneth Y. Choy of King & Wood’s Hong Kong office and Antitrust & Competition Group

Tai Po is a traditional village located in the northeastern part of the New Territories in Hong Kong. Its historical relics, old temples, quaint fishing village and natural scenery make it a popular destination for both tourists and local residents alike.

The Hong Kong government began building up Tai Po in the late 1970’s, transforming it from a sleepy fishing community into a bustling new town of 300,000. In the last decade, the Government decided to tear down the old to make way for new facilities in the area. As part of the development, the old Tai Po Temporary Market which had housed many small cooked food stalls was replaced with a brand new complex. Stallholders who operated the cooked food stalls were vacated by the Food and Environmental Hygiene Department, the governmental agency that manages cooked food markets and relocate to the new facility.Continue Reading Legal for now: Collusion among bidders at Hong Kong auctions

By: Susan Ning, Shan Lining, Liu Jia and Angie Ng

On 10 December 2010, the State Council published and enacted a set of revised penalty regulations[1] (vis-à-vis the Price Law 1997). 

Broadly, the penalties set out in these revised penalty regulations are more severe than the previous version. 

Of note is the fact that there is a new Article 5 which outlines more severe and specific remedies in relation to breaches amounting to price-fixing. In addition, the new Article 19 introduces criminal sanctions for breaches of the Price Law 1997 which severely disrupt the market order in China.Continue Reading If You Fix Prices, Beware of the Price Law and the Anti Monopoly Law

By Susan Ning, Ding Liang and Angie Ng, King & Wood’s Competition Practice

In late August 2010, it was reported in the press that at least 10 antitrust private actions have been heard in the courts in China (see Two years on, ten private antitrust actions).This article describes one of the cases – Li Fangping vs China Netcom – in detail. This was thContinue Reading Li Fangping vs China Netcom – Abuse of Dominance Case Dismissed