Hong Kong fights against price cartels

Table of contents

• Original news
• What is the background to Hong Kong’s new competition law?
• What has led to this announcement that price cartels will be the focus of the new Competition Commission?
• How is the competition regime in Hong Kong developing? How does it compare to other jurisdictions?
• What are the particular challenges in developing/enforcing competition laws in Hong Kong?
• What should competition lawyers from other jurisdictions pay attention to in relation to the new competition law?

Article summary

Competition analysis: Price cartels will be among the main targets of the new competition law in Hong Kong when the legislation takes full effect next year. Mark Jephcott, head of competition, Asia and partner in the Hong Kong office of Herbert Smith Freehills, looks at how the new regime will work.