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Offers a comparative and theoretical analysis of the new cross-sector competition law regime in Hong Kong.
Book Synopsis Hong Kong Competition Law by : Thomas K. Cheng
Download or read book Hong Kong Competition Law written by Thomas K. Cheng and published by Cambridge University Press. This book was released on 2021-11-04 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a comparative and theoretical analysis of the new cross-sector competition law regime in Hong Kong.
"This important new book provides a substantive introduction to Hong Kong competition law contained in the new Competition Ordinance as supplemented by the Competition Commission's Guidelines. Reference is also made to the most important case law concerning competition rules in other jurisdictions, in particular the European Union, from which the Hong Kong competition rules draw inspiration. Hong Kong Competition Law also sets out fully the procedural and enforcement rules before the Competition Commission and the Competition Tribunal. Specific sections deal with the application of competition law to the major economic sectors in Hong Kong: construction, energy, finance, retail, telecommunications and transport. A final chapter provides a comparative survey of competition law in China, Japan and South Korea."--Bloomsbury Publishing.
Book Synopsis Hong Kong Competition Law by :
Download or read book Hong Kong Competition Law written by and published by . This book was released on 2017 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This important new book provides a substantive introduction to Hong Kong competition law contained in the new Competition Ordinance as supplemented by the Competition Commission's Guidelines. Reference is also made to the most important case law concerning competition rules in other jurisdictions, in particular the European Union, from which the Hong Kong competition rules draw inspiration. Hong Kong Competition Law also sets out fully the procedural and enforcement rules before the Competition Commission and the Competition Tribunal. Specific sections deal with the application of competition law to the major economic sectors in Hong Kong: construction, energy, finance, retail, telecommunications and transport. A final chapter provides a comparative survey of competition law in China, Japan and South Korea."--Bloomsbury Publishing.
A comprehensive guide to the competition regimes of China, Hong Kong and Taiwan. The book adopts an inter-disciplinary approach considering the political, economic and legal issues relevant to competition policy adoption.
Book Synopsis Competition Policy and Law in China, Hong Kong and Taiwan by : Mark Williams
Download or read book Competition Policy and Law in China, Hong Kong and Taiwan written by Mark Williams and published by Cambridge University Press. This book was released on 2005-09-08 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to the competition regimes of China, Hong Kong and Taiwan. The book adopts an inter-disciplinary approach considering the political, economic and legal issues relevant to competition policy adoption.
Book Synopsis Competition Law in China and Hong Kong by :
Download or read book Competition Law in China and Hong Kong written by and published by . This book was released on 2009 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competition Law in China and Hong Kong by : Graeme Johnston
Download or read book Competition Law in China and Hong Kong written by Graeme Johnston and published by . This book was released on 2011 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Butterworths Hong Kong Competition Law Handbook by :
Download or read book Butterworths Hong Kong Competition Law Handbook written by and published by . This book was released on 2015 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Enacted in 2012, the Hong Kong Competition Ordinance represents the first cross-sector competition legislation governing the Hong Kong Special Administrative Region. This article critically evaluates the peculiar aspects of the Competition Ordinance with reference to the legislative history as well as the competition law and enforcement experience of foreign jurisdictions (such as the European Union, the United States, and Australia). These aspects include: (i) the lack of cross-sector merger control; (ii) the 'substantial market power' requirement under the second conduct rule; (iii) the 'object or effect' test under the second conduct rule; (iv) the blanket exclusion of statutory bodies; (v) the power of the Chief Executive in Council to disapply the competition rules; (vi) the turnover de minimis thresholds; (vii) warning notices; (viii) the judicial enforcement model and restrictive private actions; and (ix) the capping of fines at 10% of local turnover. This article discusses solutions to some of these problems, and the challenges ahead for competition law enforcement in Hong Kong.
Book Synopsis The New Hong Kong Competition Law by : Kelvin Hiu Fai Kwok
Download or read book The New Hong Kong Competition Law written by Kelvin Hiu Fai Kwok and published by . This book was released on 2016 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enacted in 2012, the Hong Kong Competition Ordinance represents the first cross-sector competition legislation governing the Hong Kong Special Administrative Region. This article critically evaluates the peculiar aspects of the Competition Ordinance with reference to the legislative history as well as the competition law and enforcement experience of foreign jurisdictions (such as the European Union, the United States, and Australia). These aspects include: (i) the lack of cross-sector merger control; (ii) the 'substantial market power' requirement under the second conduct rule; (iii) the 'object or effect' test under the second conduct rule; (iv) the blanket exclusion of statutory bodies; (v) the power of the Chief Executive in Council to disapply the competition rules; (vi) the turnover de minimis thresholds; (vii) warning notices; (viii) the judicial enforcement model and restrictive private actions; and (ix) the capping of fines at 10% of local turnover. This article discusses solutions to some of these problems, and the challenges ahead for competition law enforcement in Hong Kong.
Book Synopsis Practical Guide to the Hong Kong Competition Ordinance by :
Download or read book Practical Guide to the Hong Kong Competition Ordinance written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis COMPETITION LAW IN HONG KONG by : RAYMOND. CHAN
Download or read book COMPETITION LAW IN HONG KONG written by RAYMOND. CHAN and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
⦁Hong Kong competition law sourceWhy does Kong Kong needs Competition law? Competition law influences to many Asia countries accept this competitive legal to apply to protect businessmen have fair competition in themselves business market. Such as Hong Kong competition law starts in short time.On 19 October 2018, the Hong Kong Competition Commission (HKCC) decided that the Code of Banking Practice (Code) has to comply with the First Conduct Rule, which prohibits undertakings and associations of undertakings from agreeing or making decisions which have the object or effect of restricting competition in Hong Kong. The Hong Kong Monetary Authority (HKMA) approved Code is an industry code of practice issued by the DTC Association and the Hong Kong Association of Banks. Amongst others, the Code requires banks, in certain circumstances, not to impose various fees and charges, charge customers multiple credit card fees or allow customers' credit card debts to exceed certain amounts. In December 2017, 14 institutions authorised under the Banking Ordinance submitted an application (Application) arguing that the Code should be excluded from the First Conduct Rule by reason of section 2 of Schedule 1 of the Competition Ordinance, which excludes the First Conduct Rule from applying to "any agreement to the extent that it is made for the purpose of complying with a legal requirement...imposed by or under any enactment in force in Hong Kong". The HKCC took the view that the legal requirement exclusion did not apply as the Code was not a legal requirement imposed by or under the Banking Ordinance. Importantly, the HKCC expressly stated that it has not decided if the Code infringes the First Conduct Rule, as this was not part of the Application. Nonetheless, as a matter of enforcement policy, the HKCC currently does not intend to investigate or enforce against the Code as it "may in fact benefit customers...is intended to promote good banking practices towards customers, and has been formulated with the input and support of the Consumer Council and the HKMA". Hong Kong regulator needs more enforcement experience before making big changes to competition rules, commissioner says by Freny Patel, PaRR*Local adaptation difficult as competition law principles apply generally*Interlocking directorate less examined issue in competition law*No major wholesale changes to guidelines anticipated given paucity of timeHong Kong's Competition Commission will need much more enforcement experience than it currently possesses to make major adaptations to the city's draft competition guidelines, released on 9 October, says Thomas Cheng, a member of the commission.Hong Kong president comments come in the wake of criticism by some antitrust lawyers that the guidelines mirror those prevailing in Europe and do not necessarily reflect local circumstances. A Hong Kong-based antitrust lawyer said that although the commission had taken a lot from Europe when drafting the guidelines, the guidelines needed to more faithfully reflect the characteristics of the Hong Kong market. The lawyer said Hong Kong was largely a distribution centre and a relatively small economy with many family-owned businesses and interlocking directorates.
Book Synopsis Competitive Law Introduction by : Johnny Ch LOK
Download or read book Competitive Law Introduction written by Johnny Ch LOK and published by . This book was released on 2020-02-19 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁Hong Kong competition law sourceWhy does Kong Kong needs Competition law? Competition law influences to many Asia countries accept this competitive legal to apply to protect businessmen have fair competition in themselves business market. Such as Hong Kong competition law starts in short time.On 19 October 2018, the Hong Kong Competition Commission (HKCC) decided that the Code of Banking Practice (Code) has to comply with the First Conduct Rule, which prohibits undertakings and associations of undertakings from agreeing or making decisions which have the object or effect of restricting competition in Hong Kong. The Hong Kong Monetary Authority (HKMA) approved Code is an industry code of practice issued by the DTC Association and the Hong Kong Association of Banks. Amongst others, the Code requires banks, in certain circumstances, not to impose various fees and charges, charge customers multiple credit card fees or allow customers' credit card debts to exceed certain amounts. In December 2017, 14 institutions authorised under the Banking Ordinance submitted an application (Application) arguing that the Code should be excluded from the First Conduct Rule by reason of section 2 of Schedule 1 of the Competition Ordinance, which excludes the First Conduct Rule from applying to "any agreement to the extent that it is made for the purpose of complying with a legal requirement...imposed by or under any enactment in force in Hong Kong". The HKCC took the view that the legal requirement exclusion did not apply as the Code was not a legal requirement imposed by or under the Banking Ordinance. Importantly, the HKCC expressly stated that it has not decided if the Code infringes the First Conduct Rule, as this was not part of the Application. Nonetheless, as a matter of enforcement policy, the HKCC currently does not intend to investigate or enforce against the Code as it "may in fact benefit customers...is intended to promote good banking practices towards customers, and has been formulated with the input and support of the Consumer Council and the HKMA". Hong Kong regulator needs more enforcement experience before making big changes to competition rules, commissioner says by Freny Patel, PaRR*Local adaptation difficult as competition law principles apply generally*Interlocking directorate less examined issue in competition law*No major wholesale changes to guidelines anticipated given paucity of timeHong Kong's Competition Commission will need much more enforcement experience than it currently possesses to make major adaptations to the city's draft competition guidelines, released on 9 October, says Thomas Cheng, a member of the commission.Hong Kong president comments come in the wake of criticism by some antitrust lawyers that the guidelines mirror those prevailing in Europe and do not necessarily reflect local circumstances. A Hong Kong-based antitrust lawyer said that although the commission had taken a lot from Europe when drafting the guidelines, the guidelines needed to more faithfully reflect the characteristics of the Hong Kong market. The lawyer said Hong Kong was largely a distribution centre and a relatively small economy with many family-owned businesses and interlocking directorates.
