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Article: The New Hong Kong Competition Law: Anomalies and Challenges
Title | The New Hong Kong Competition Law: Anomalies and Challenges |
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Authors | |
Keywords | Hong Kong China Competition law Antitrust law Competition Ordinance Hong Kong Competition Ordinance |
Issue Date | 2014 |
Publisher | Kluwer Law International. |
Citation | World Competition: Law and Economics Review, 2014, v. 37 n. 4, p. 541-568 How to Cite? |
Abstract | 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. |
Persistent Identifier | http://hdl.handle.net/10722/202969 |
ISSN | 2023 Impact Factor: 0.7 2023 SCImago Journal Rankings: 0.307 |
SSRN |
DC Field | Value | Language |
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dc.contributor.author | Kwok, KHF | - |
dc.date.accessioned | 2014-09-19T11:03:51Z | - |
dc.date.available | 2014-09-19T11:03:51Z | - |
dc.date.issued | 2014 | - |
dc.identifier.citation | World Competition: Law and Economics Review, 2014, v. 37 n. 4, p. 541-568 | - |
dc.identifier.issn | 1011-4548 | - |
dc.identifier.uri | http://hdl.handle.net/10722/202969 | - |
dc.description.abstract | 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. | - |
dc.language | eng | - |
dc.publisher | Kluwer Law International. | - |
dc.relation.ispartof | World Competition: Law and Economics Review | - |
dc.subject | Hong Kong | - |
dc.subject | China | - |
dc.subject | Competition law | - |
dc.subject | Antitrust law | - |
dc.subject | Competition Ordinance | - |
dc.subject | Hong Kong Competition Ordinance | - |
dc.title | The New Hong Kong Competition Law: Anomalies and Challenges | - |
dc.type | Article | - |
dc.identifier.email | Kwok, KHF: khfkwok@hku.hk | - |
dc.identifier.authority | Kwok, KHF=rp01637 | - |
dc.identifier.hkuros | 238312 | - |
dc.identifier.volume | 37 | - |
dc.identifier.issue | 4 | - |
dc.identifier.spage | 541 | - |
dc.identifier.epage | 568 | - |
dc.publisher.place | Netherlands | - |
dc.identifier.ssrn | 2524763 | - |
dc.identifier.hkulrp | 2014/049 | - |
dc.identifier.issnl | 1011-4548 | - |