The Hong Kong Competition Commission released its revised draft guidelines, following a public consultation process that was conducted from mid to late 2014. This brings the Commission and the Government one step closer to implementation of the Competition Ordinance.
A common theme in the public consultation had been the need for more clarity across a broader range of behavior that might be caught by the law. Concern was expressed about the lack of safe harbors, the introduction of the European concept of “by object” infringements.
The Commission will submit the final draft guidelines to the Hong Kong Legislative Council for consideration at a meeting of the Panel on Economic Development scheduled for 27 April.
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