Hong Kong: Regulator wants rules preventing competition between Hong Kong’s architects to be scrapped
Hong Kong’s competition watchdog has urged two professional bodies to immediately lift restrictions that stop about 4,000 architects and 400 town planners competing by cutting their fees.
The Competition Commission said on Monday that the Hong Kong Institute of Architects and the Hong Kong Institute of Planners had failed to remove or amend “problematic provisions” in their codes of conduct relating to fees.
It noted that the Institute of Architects imposed numerous restrictions, including a prohibition against members revising fee quotations to compete with another practitioner.
The regulator stressed that although the institutes were currently exempted under the Competition Ordinance, their members might in certain cases not enjoy such protection.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
UK Competition Regulator to Reform Pay System Amid Bias Allegations
Sep 16, 2024 by
CPI
TikTok Faces Intense Scrutiny as US Court Hears Case to Block Potential Ban
Sep 16, 2024 by
CPI
DirecTV and Disney Resolve Dispute, Restore Programming for Subscribers
Sep 15, 2024 by
CPI
UK Antitrust Authority Raises Concerns Over Vodafone-Three Merger
Sep 15, 2024 by
CPI
Brazilian Supreme Court Lifts Freeze on Starlink Accounts, Transfers $3.3 Million to National Treasury
Sep 15, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández