Hong Kong: Date announced for competition law to come into force

The Hong Kong government is introducing the competition regulations in stages since the enactment of the Ordinance in 2012 and the subsequent establishment of the competition commission and the competition tribunal in 2013, it said in a statement.

“With the completion of the necessary preparatory work, we are pleased to announce that time is ripe for the ordinance to become fully operative in December 2015 as planned,” said Gregory So, secretary for commerce and economic development.

“We believe the announcement of the planned commencement date of the Ordinance will further raise the awareness of the community and remind the business sector of the requirements of the ordinance in the coming five months leading up to the full commencement. The commission will step up the publicity and education efforts to enhance understanding of the ordnance by the public and the business community,” he said.

In March, the Hong Kong government laid out which businesses will be covered by the law.

Full content: Hong Kong Daily News

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