
The Competition Commission of Hong Kong today published a revised set of model “Non-collusion Clauses” for procurers to incorporate in their invitation to bid documents and contracts.
The newly added clauses require bidders to disclose information on their beneficial ownership which, in turn, will provide procurers with greater clarity as to the competitiveness of the procurement process.
Read more: Collusion Fines in Mexico: Can Regulatory Changes Boost Deterrence?
Through its investigative work, the Commission has seen instances where a number of businesses have submitted what appear to be independent bids but which in fact have been coordinated due to the existence of a common beneficial owner.
While not necessarily a contravention of the Competition Ordinance, such behaviour gives a misleading impression of the level of competition in a bidding process which the Commission considers it appropriate to address through these model clauses.
Featured News
DoorDash, Grubhub, and Uber Eats Settle With NYC Over Cap Fees
Apr 30, 2025 by
CPI
Pork Giants Push to Overturn Price-Fixing Suit Citing Clerk’s Alleged Conflicts
Apr 30, 2025 by
CPI
Novartis to Acquire Regulus Therapeutics in $1.7 Billion Deal
Apr 30, 2025 by
CPI
India’s Competition Commission Clears J&K Bank in Antitrust Case
Apr 30, 2025 by
CPI
Spain’s Antitrust Watchdog Clears BBVA’s Sabadell Bid With Conditions
Apr 30, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece