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.
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.
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.
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:
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:
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:
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.
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.
Download or read book Butterworths Hong Kong Competition Law Handbook written by and published by . This book was released on 2020 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Research Handbook on Asian Competition Law written by Steven Van Uytsel and published by Edward Elgar Publishing. This book was released on 2020-04-24 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Research Handbook provides a comprehensive overview and discussion of the substantive competition law provisions of the ASEAN Plus Three region, including Hong Kong and Taiwan. Taking a unique comparative perspective, chapters examine Asian competition laws in relation to the existing laws that served as models for them, analysing how and why they deviate.
Download or read book Competition Laws and Policies in China and Hong Kong written by Grace Li and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition law is generally enacted to control and influence certain business conduct deemed harmful to the smooth functioning of a competitive market. This is usually a by product of deregulation and opening up of markets to competition, as market forces alone might not be able to ensure allocative efficiency and competitive pricing is achieved. From the experiences in many European countries, the laws tend to emphasize on regulating post privatised state industries, as well as large private companies exploiting their market power to maximise profits at the expense of consumers (Maher, 2004). Much of the economic arguments for competition law are quite straightforward, the policy rationale for governmental intervention is to prevent the exploitation of market power of large companies and to promote competition (Corones, 2004). The political arguments however, are more complex where vested interests between stakeholders come into conflict. So the legislation could be a product of political compromises with 'carve outs' to exclude certain sectors and companies. Thereby, making competition law a piece of economically sub optimal, and technically complex to enforce piece of legislation. After 14 years of debate, a new Anti-Monopoly Law (AML) in the Peoples' Republic of China (PRC) was enacted on the 30th August 2007 and took effect on the 1st August 2008. The new AML is a milestone in Chinese pro competition policy and law. Supposedly this law would drastically alter the manner in which businesses (both domestic and foreign) operate in China and, in turn, considerable benefits would flow onto the Chinese public through increased economic efficiency, lower prices and the introduction of innovative goods and services. Yet there is a 'catch', whilst the laws appear, at least in general, consistent with international competition law regimes like those in Australia, United Kingdom and the European Union, there are some significant challenges to the successful operation and implementation of the Chinese AML. In comparison, Hong Kong (HK), as a special administrative region of China, about 2000km away from Beijing, presents a different political and competition environment. Nevertheless, both economies are striving to achieve sustainable economic growth in a globally competitive market place. After a decade of discussions, HK's journey in enacting competitive has yet to realize. Under pressure from various stakeholders, the HK government has put out a details proposal on competitive law for public consultation in May this year. Even though the proposal is aimed at enhancing economic efficiency and promoting sustainable competition, there are some issues in the detailed proposal that are causes for concern. The motivation of this paper is to retrace some of the key arguments and factors leading to the enactment of competition law in PRC and the debates advocating such law in HK, so as to anticipate some of the problems associated with implementation. It also interesting to analyse the regulatory journeys of one country under two different administrations, where one is a modern economy under quasi-democratic government, the other is a developing one, labelled as a 'market economy with socialist characteristics' under a centralised socialist government. Part two of this paper begins with a brief introduction to the PRC AML legislative background, substantive provisions of the AML and the areas of uncertainty in regulation and enforcement of the AML. Part three devolves into the debates in enacting competition law in HK, which to date has yet to become law. Despite the detailed proposal transplanting many ideas from the laws of other modern economies, they are some provisions that are either weak or continues to safeguard the interest of monopolies in selective sectors. This article shall conclude with some insights from the trials and tribulations of the new PRC law and HK's drawn out policy dithering.
Download or read book Book Review written by Sinchit Lai and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong's first cross-sector competition law -- the Competition Ordinance (hereinafter Ordinance) -- was enacted in 2012 and came into full effect in 2015. Professors Thomas Cheng and Kelvin Kwok's Hong Kong Competition Law is the first and long-awaited scholarly monograph on this law. This monograph does far more than providing readers with an overview of HK's competition law. Taking comparative and theoretical approaches, this monograph not only critically reviews the developments of the city's competition law and policy but also sheds light on how the law and policy could be improved by offering concrete suggestions to the antitrust authority, the government and lawmakers in HK.
Download or read book Competition Policy and the Regulation of Business written by Leonard Kwok-Hon Cheng and published by . This book was released on 1998 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investigates two groups of industries in Hong Kong. Assesses the state of competition in these industries with a focus on the recent situation.
Download or read book Competition Law in Developing Countries written by Thomas K. Cheng and published by Oxford University Press. This book was released on 2020-05-27 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together perspectives of development economics and law to tackle the relationship between competition law enforcement and economic development. It addresses the question of whether, and how, competition law enforcement helps to promote economic growth and development. This question is highly pertinent for developing countries largely because many developing countries have only adopted competition law in recent years: about thirty jurisdictions had in place a competition law in the early 1980s, and there are now more than 130 competition law regimes across the world, of which many are developing countries. The book proposes a customized approach to competition law enforcement for developing countries, set against the background of the academic and policy debate concerning convergence of competition law. The implicit premise of convergence is that there may exist one, or a few, correct approaches to competition law enforcement, which in most cases emanate from developed jurisdictions, that are applicable to all. This book rejects this assumption and argues that developing countries ought to tailor competition law enforcement to their own economic and political circumstances. In particular, it suggests how competition law enforcement can better incorporate development concerns without causing undue dilution of its traditional focus on protecting consumer welfare. It proposes ways in which approaches to competition law enforcement need to be adjusted to reflect the special economic characteristics of developing country economies and the more limited enforcement capacity of developing country competition authorities. Finally, it also addresses the long-running debate concerning the desirability and viability of industrial policy for developing countries. The author would like to acknowledge the Research Grants Council of Hong Kong for its generous support. The work in this book was fully supported by a grant from the Research Grants Council of Hong Kong (Project No. HKU 742412H).
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:
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:
Download or read book Competition Law Regulation and SMEs in the Asia Pacific written by Michael T Schaper and published by Flipside Digital Content Company Inc.. This book was released on 2017-03-09 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium-sized enterprises (SMEs) account for more than 90 per cent of all businesses in the Asia-Pacific region - an area which is rapidly updating its competition laws and regulations to encourage greater entrepreneurship and open, dynamic economies. Yet SMEs are almost invisible when those competition policies and laws are developed and enforced. SMEs are often quite different businesses than large, multinational corporations, but their nature, significance and characteristics are often overlooked. This book seeks to rectify the relative neglect in research and policy discussions on the role of the SME sector in competition policy and law. Drawing on contributions from a wide range of competition regulators, lawyers, academics, consultants and advisers to the SME sector, it addresses such important issues as: perceptions and views of small businesses about competition law; regulator engagement and education of the SME sector; the link between competition law and economic growth; franchising, SMEs and competition law; issues in enforcing competition law against SMEs; the role of Chinese family firms; trade, professional and industry associations; country case studies from Vietnam, Singapore, Indonesia, Malaysia, China, South Korea, Hong Kong SAR, Japan and the Pacific Islands.
