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6 - Conclusion

Published online by Cambridge University Press:  13 October 2021

Thomas K. Cheng
Affiliation:
The University of Hong Kong
Kelvin Hiu Fai Kwok
Affiliation:
The University of Hong Kong
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Summary

After a few years of enforcement experience, it can be said that the competition law regime in Hong Kong has been off to a satisfactory start. While it cannot be said that enforcement has been highly active, a sufficient number of cases have been brought to keep the Competition Ordinance (the Ordinance) in public attention. Aside from enforcement action, the Competition Commission (the Commission) has handled a number of applications for a block exemption order and a decision under the exclusions for ‘[a]greements enhancing overall economic efficiency’ and ‘[c]ompliance with legal requirements’ and completed a market study on the auto-fuel retail sector. It has also done an excellent job in its advocacy and outreach to the business community through public seminars and consultations. It has recruited some highly qualified staff locally and overseas and secured for itself a fairly generous litigation and operational budget, despite some initial foot-dragging by the government over the former. It has taken Hong Kong a long time to embark on this journey towards a credible competition law regime.

Type
Chapter
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Hong Kong Competition Law
Comparative and Theoretical Perspectives
, pp. 269 - 274
Publisher: Cambridge University Press
Print publication year: 2021

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  • Conclusion
  • Thomas K. Cheng, The University of Hong Kong, Kelvin Hiu Fai Kwok, The University of Hong Kong
  • Book: Hong Kong Competition Law
  • Online publication: 13 October 2021
  • Chapter DOI: https://doi.org/10.1017/9781108553155.008
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  • Conclusion
  • Thomas K. Cheng, The University of Hong Kong, Kelvin Hiu Fai Kwok, The University of Hong Kong
  • Book: Hong Kong Competition Law
  • Online publication: 13 October 2021
  • Chapter DOI: https://doi.org/10.1017/9781108553155.008
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • Thomas K. Cheng, The University of Hong Kong, Kelvin Hiu Fai Kwok, The University of Hong Kong
  • Book: Hong Kong Competition Law
  • Online publication: 13 October 2021
  • Chapter DOI: https://doi.org/10.1017/9781108553155.008
Available formats
×