By Susan Ning, Peng Heyue, Yang Yang, Qiu Weiqing, Sarah Eder, and Guo Shaoyi

Introduction

On 15 November 2011, Qihoo issued proceedings against Tencent in the Guangdong Higher Court, asserting that Tencent had abused its dominant position, marking the beginning of the first anti-monopoly case in the internet arena. Qihoo lost the first trial and appealed. On 16 October 2014, the Supreme Court handed down its final decision, rejecting Qihoo’s appeal and upholding the first-instance court judgment. This was the first anti-monopoly case heard by the Supreme Court. The Supreme Court’s judgment elaborates detailed fundamental principles of anti-monopoly law, in particular in the context of abuse of dominance, which offers guidance and rules for future anti-monopoly litigation, especially those concerning abuse of dominance.
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作者:贺墨亭 黄紫玲 金杜律师事务所公司

2012年6月22日,香港首部跨部门的实体竞争法在香港特别行政区政府宪报中公布,随之设立了新的监管机构,该机构的设立将会推动亚洲商业经营行为的变革,而该机构本身也拥有广泛的强制执行权力,其中包括有权在相关修订生效后开展黎明突袭,并对违反竞争行为处以严重处罚。

《竞争条例》将禁止卡特尔行为、滥用市场权势和其他形式的违反竞争行为,但一些豁免情况除外(包括考虑经济效率所规定的豁除、集体豁免和最低营业额)。合并审查将继续限制适用于电信部门。

香港竞争事务委员会(竞委会)将享有一系列的调查和强制执行权力,包括有权发出违章通知书、接受承诺、对举报人给予豁免、及启动诉讼处罚程序、和发出禁止担任高管职务的命令。

在本篇法律快讯中,我们将介绍《竞争条例》主要条款的潜在影响,提示企业应在该新法律规制下采取哪些准备措施,并简要列举新成立的竞委会将拥有哪些调查和强制执行权力。
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By Martyn Huckerby Jill Wong King & Wood Mallesons’ Foreign Direct Investment Group

On June 22, 2012, Hong Kong’s first cross-sector substantive competition law regime was published in the official gazette, bringing with it a new regulator ready to change business practices in the Asian region, and armed with extensive enforcement powers, including the ability to conduct dawn raids and levy significant fines for anti-competitive conduct once the changes come into force.

The Competition Ordinance will prohibit cartel conduct, abuses of market power and other forms of anti-competitive conduct, subject to the availability of a number of exemptions, including exemptions based on efficiencies, Block Exemptions and minimum turnover. Merger control will continue to be limited to the telecommunications sector.
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