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Individual Liability For Contravention Of The Hong Kong's Competition Ordinance And Ten Recommendations For Avoiding It - Anti-trust/Competition Law

Background
It has been five years since Hong Kong Competition Ordinance
(the Ordinance ) first came into effect. Since then, the
Hong Kong competition law has gradually grown into a more
developed, full-fledged and mature regime. This year has been a
particularly meaningful one in the its development, with several
firsts including the first infringement notice issued
and the first judgment on the calculation of pecuniary
penalties.
The enforcement focus of the Hong Kong Competition Commission
(the Commission ) is by no means limited to corporate
entities. It also set its eyes on the personal liability of
individuals involved in the contravention of competition rules ....

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Gibson Dunn | Five Years of Antitrust Enforcement in Hong Kong

December 22, 2020
The substantive provisions of Hong Kong’s Competition Ordinance (“Ordinance”) came into force in December 2015. This note looks at the main achievements in the first five years and some of the challenges laying ahead.
The main achievements of the Hong Kong Competition Commission (“Commission”) are first and foremost building up from scratch a competent and trustworthy institution. The Commission has hired seasoned enforcers from overseas with impeccable reputations which has brought immediate credibility to the Commission. It has embarked on a wide range of educational activities, including seminars, advertising and publishing guidelines detailing its enforcement priorities and interpretation of the Ordinance. The Commission has also adopted a world-class leniency programme to facilitate the prosecution of cartels, its main priority. The Commission proceeded to win its first case in court thereby confirming that it is a force to be reckoned with ....

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