Many businesses are not aware that exchanges of certain information among trade association members could breach the new competition law, a legal expert says.Saturday, 15 September, 2012, 3:16am
Longstanding pricing rules set by the advertising industry's leading trade association conflict with the competition law, the consumer watchdog and legal experts warn.
Members of the Association of Accredited Advertising Agencies of Hong Kong (HK4As), a group of 29 major firms, are required under a code of practice to charge clients according to a scale of minimum payments.15 Sep 2012 - 3:16am
Businesses that are familiar with competition laws in Asia will be in for a few surprises when they read the Hong Kong Competition Ordinance that was recently enacted. Overall, however, the surprises will mostly be good.15 Aug 2012 - 2:26am
The Legislative Council looks set to pass the competition bill within days - but whether it will be seen as a powerful tool against anti-competitive behaviour or as ineffective and watered down remains in question.2 Jun 2012 - 12:00am
Lawmakers have accused the two leading supermarket chains of colluding on prices, after a study found that the cost of products went up and down at the same time at both ParknShop and Wellcome.12 Apr 2012 - 12:00am
The snack chain store 759 Oshin House, which sells goods at low prices, is widely seen as a socially responsible enterprise combating business monopolies.
But that reputation has suffered after retailers complained that 759 set prices too low, thereby creating another monopoly.10 Apr 2012 - 12:00am
A landmark ruling by the European Court of Justice is expected to result in lower anti-dumping duties on Chinese goods exported to the EU.
The judgment by the EU's top court meant that in future, Chinese goods heading to the EU would in general face lower anti-dumping duties, said Edmund Sim, a partner at international law firm Appleton Luff.4 Feb 2012 - 12:00am
When the minimum wage law was going through the Legislative Council, there was confusion over its implications. Labour leaders of course lobbied for a high dollar figure, while employers of low-paid workers demanded much less. Some people expected a loss of low-paid jobs; if anything, the higher wage attracted some retired people back into the labour market.27 Jan 2012 - 12:00am
China has contested a United States decision to launch anti-dumping and countervailing duty investigations on Chinese-made solar power panels.
Ministry of Commerce spokesman Shen Danyang yesterday criticised the US for initiating trade frictions and that for the first time the probes centred on a Chinese clean-energy export.11 Nov 2011 - 12:00am
Hong Kong is well known for being 'business friendly' but this isn't the same as being competitive. In fact, the public is fed up with monopolies, price fixing and cartels. The International Monetary Fund has been a strong advocate of a competition law.4 Nov 2011 - 12:00am
The Consumer Council said yesterday it was disappointed that the government had watered down the competition bill, warning that it should not be weakened further.25 Oct 2011 - 12:00am
The tug-of-war over the controversial competition bill is locked over the mechanism for excluding smaller businesses from prosecution when they commit 'non-serious' offences against the law.20 Oct 2011 - 12:00am
If two restaurants across the street from each other both charged HK$2 extra for iced tea, would that breach the upcoming competition law?
This scenario has been used by lobby groups and opponents of the bill as an example of the draft law's 'vagueness'.
In a government paper released to the legislature yesterday, officials tried to address the issue.21 Jun 2011 - 12:00am
For Father's Day, you went to buy boxes of a certain brand of chocolate for your father and uncles. You tried to hunt down the best bargain, but everywhere you went - whether supermarket, convenience store or drugstore - you found the same price: HK$248 for four boxes.27 May 2011 - 12:00am
Large retailers in Hong Kong have raised prices for some Japanese camera brands, claiming reduced stock since the March 11 disaster - at a time when at least one industry expert says they should be falling.
A Canon 60D digital single-lens reflex camera that cost HK$9,788 before the disaster is being offered at three big chain stores in Times Square for HK$10,980.12 Apr 2011 - 12:00am