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Article: The New Hong Kong Competition Law: Anomalies and Challenges

TitleThe New Hong Kong Competition Law: Anomalies and Challenges
Authors
KeywordsHong Kong
China
Competition law
Antitrust law
Competition Ordinance
Hong Kong Competition Ordinance
Issue Date2014
PublisherKluwer Law International.
Citation
World Competition: Law and Economics Review, 2014, v. 37 n. 4, p. 541-568 How to Cite?
AbstractEnacted 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.
Persistent Identifierhttp://hdl.handle.net/10722/202969
ISSN
SSRN

 

DC FieldValueLanguage
dc.contributor.authorKwok, KHF-
dc.date.accessioned2014-09-19T11:03:51Z-
dc.date.available2014-09-19T11:03:51Z-
dc.date.issued2014-
dc.identifier.citationWorld Competition: Law and Economics Review, 2014, v. 37 n. 4, p. 541-568-
dc.identifier.issn1011-4548-
dc.identifier.urihttp://hdl.handle.net/10722/202969-
dc.description.abstractEnacted 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.-
dc.languageeng-
dc.publisherKluwer Law International.-
dc.relation.ispartofWorld Competition: Law and Economics Review-
dc.subjectHong Kong-
dc.subjectChina-
dc.subjectCompetition law-
dc.subjectAntitrust law-
dc.subjectCompetition Ordinance-
dc.subjectHong Kong Competition Ordinance-
dc.titleThe New Hong Kong Competition Law: Anomalies and Challenges-
dc.typeArticle-
dc.identifier.emailKwok, KHF: khfkwok@hku.hk-
dc.identifier.authorityKwok, KHF=rp01637-
dc.identifier.hkuros238312-
dc.identifier.volume37-
dc.identifier.issue4-
dc.identifier.spage541-
dc.identifier.epage568-
dc.publisher.placeNetherlands-
dc.identifier.ssrn2524763-
dc.identifier.hkulrp2014/049-

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