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Hong Kong: Watchdog takes companies to tribunal over rigging of public housing

 |  July 4, 2019

Hong Kong’s antitrust watchdog has taken an alleged cartel to a tribunal against six decoration contractors and three men over rigging public housing renovation services.

It was the fourth case the Competition Commission had filed at the Competition Tribunal since the antitrust regulations came into effect in December 2015 and two months after it won its first two cases.

According to Wednesday’s court filing, the commission accused the decoration contractors of coordinating prices when providing renovation services to at least 429 units at Ming Tai House and Chi Tai House of On Tai Estate, a public housing estate in Kwun Tong under the Hong Kong Housing Authority, from around June to November in 2017.

Full Content: Yahoo

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