Most Read Contributor in Hong Kong, September 2016
Keywords: competition ordinance, enforcement,
A Momentous Date
The Commencement Notice for the Competition Ordinance (Cap. 619)
(the "Ordinance") was gazetted today, appointing
14 December 2015 as the date for full enforcement
of the Ordinance.
According to a press release issued by the Competition
Commission (the "Commission") today, the Commission is
"ready to be an effective enforcer of the competition law
which will support Hong Kong's open economy by ensuring fair
and free markets for all".
What to Expect in the Next Five Months - Implementation
Guidelines, Leniency Policy and Enforcement Priorities
The Commission has completed its drafting and consultation of
the implementation guidelines, which will be published shortly.
Also in the pipeline are a leniency policy for cartel conduct
and a statement of the Commission's enforcement priorities.
The Commission's statement of enforcement priorities is an
important document which will, short of identifying specific
sectors or businesses, give businesses an idea of where the
Commission intends to focus its enforcement activity and what
considerations may drive the Commission's decision to commence
an investigation or market study.
Ready, Steady, Go!
Businesses should ensure their staff understand the competition
rules introduced by the Ordinance, how the rules affect commercial
strategy and daily operations, and start to take steps to reach a
compliant position before the critical date of 14 December
In the coming weeks we will publish further updates on
developments relating to the Ordinance.
In the meantime, you may learn more about the competition rules
from our Hong Kong Competition Law Series, a series of
bite-size articles introducing the types of conduct to which the
Ordinance will apply.
Mayer Brown is a global legal services organization
comprising legal practices that are separate entities (the Mayer
Brown Practices). The Mayer Brown Practices are: Mayer Brown LLP, a
limited liability partnership established in the United States;
Mayer Brown International LLP, a limited liability partnership
incorporated in England and Wales; Mayer Brown JSM, a Hong Kong
partnership, and its associated entities in Asia; and Tauil &
Chequer Advogados, a Brazilian law partnership with which Mayer
Brown is associated. "Mayer Brown" and the Mayer Brown
logo are the trademarks of the Mayer Brown Practices in their
This article provides information and comments on legal
issues and developments of interest. The foregoing is not a
comprehensive treatment of the subject matter covered and is not
intended to provide legal advice. Readers should seek specific
legal advice before taking any action with respect to the matters
discussed herein. Please also read the JSM legal publications
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
As mentioned in our previous alert in this series, the Hong Kong Competition Commission's investigative process begins with an Initial Assessment to screen suitable cases for further investigation or other action.
The investigative process begins by the Hong Kong Competition Commission (the "Commission") identifying a potential contravention of a competition rule.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).