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Hong Kong Approves KH Alliance Antitrust Proposals

By  |  November 2, 2020

The Hong Kong Competition Commission has accepted proposed commitments by the Hong Kong Seaport Alliance to ensure fair competition.

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    These commitments aim to address the Commission’s concerns arising from its investigation into whether the Alliance has harmed competition in Hong Kong.

    The commitments include Cap Gateway cargo handling charges; maintaining service levels for Gateway cargo; capping “Other CP [Counterparty] Charges”, maintaining overflow arrangements with Goodman DP World Hong Kong Limited; and avoiding cross-directorships with Chiwan and Shekou ports.

    The Alliance parties have added in the commitments an explicit reference to the plans and mechanisms they adopted to ensure customers receive a fair share of the efficiencies anticipated by the Alliance.

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