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Hong Kong: In first its legal action regulator takes IT companies to tribunal over bid rigging

 |  March 23, 2017

In its first legal action since the city’s competition law came into effect in December 2015, the Hong Kong’s antitrust regulator has taken five information technology companies to a tribunal for bid rigging.

The case involves a tender issued by a social services organisation, the Hong Kong Young Women’s Christian Association, in July last year for the installation of a new server system based on technology by Nutanix Hong Kong Limited.

The Competition Commission is alleging that all five companies – including Nutanix Hong Kong – were involved in bid-rigging.

It alleges that the IT companies breached the first conduct rule in the ordinance – in which companies engage in cartel conduct which prevents, restricts or distorts competition.

The regulator is seeking remedies including financial penalties and a declaration that each firm contravened the rule.

Full Content: South China Morning Post

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