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Persistent link: https://www.econbiz.de/10012620022
In 2012, Hong Kong passed its Competition Ordinance which provides a right of follow-on action, but no right of standalone action to private parties. Through reviewing the legislative history, this article found that such right is absent primarily because small and medium-sized enterprises...
Persistent link: https://www.econbiz.de/10012893818
On 12 August 2020, the Hong Kong Competition Commission invited the public to comment on its proposal to accept commitments proposed by the Hong Kong Seaport Alliance (Case. no.: EC/03AY). Attached is the comment I submitted to the Commission, which has been published on the Commission's website
Persistent link: https://www.econbiz.de/10012824614
In late 2019, the then chairperson of the Hong Kong Competition Commission announced that the Commission would start making use of the three-track commitment system besides bringing cases to the court. Soon after, in early 2020, the chairperson’s words were put into action. Among the three...
Persistent link: https://www.econbiz.de/10013236622
Both leniency programs and private antitrust enforcement are essential in combating cartels. The literature demonstrates that society benefits from both increased private actions and leniency applications. However, the present view is that private enforcement discourages cartel members from...
Persistent link: https://www.econbiz.de/10013323504
Many jurisdictions around the world are promoting private antitrust enforcement. However, currently, the dominant view is that private actions discourage leniency application, an important source for antitrust authorities to detect and combat cartels. Such a view hinders the development of...
Persistent link: https://www.econbiz.de/10014083247
Hong Kong’s Competition Commission first introduced its leniency programme in 2015, which allows cartel members to blow the whistle in exchange for immunity from antitrust fines. In late 2020, the Competition Tribunal handed down a judgment in Competition Commission v Quantr Ltd and Cheung Man...
Persistent link: https://www.econbiz.de/10014346568
Currently, most jurisdictions around the globe provide victims of cartels a full right of action. However, a few jurisdictions do not provide any right of action to victims (e.g., Pakistan and Sri Lanka), while a few others merely provide victims a follow-on but not standalone right of action...
Persistent link: https://www.econbiz.de/10014259781
Hong Kong’s first cross-sector competition law — the Competition Ordinance (hereinafter Ordinance) — was enacted in 2012 and came into full effect in 2015. Professors Thomas Cheng and Kelvin Kwok’s Hong Kong Competition Law is the first and long-awaited scholarly monograph on this law....
Persistent link: https://www.econbiz.de/10014261890
A growing body of literature evaluates the impact of antitrust laws on economic growth. Most of these empirical studies identify a positive impact; however, the existing literature only studies the effect of the existence of antitrust laws, but not their enforcement. To fill this gap in the...
Persistent link: https://www.econbiz.de/10014244169