Hong Kong Competition Ordinance to come into force on 14 December 2015

A commencement notice setting the date for the substantive provisions of the Hong Kong Competition Ordinance to come into force on 14 December 2015 has been published in the Hong Kong Gazette today (17 July 2015).

This means that, unless the Hong Kong Legislative Council passes a resolution to amend the date set out in the commencement notice, anti-competitive agreements and abuse of substantial market power will be prohibited as of that date.

Click here to read more.