Xi Jinping warns officials against colluding with businessmen

Xi Jinping. Photo: Xinhua

Xi Jinping has taken aim at the rampant collusion between mainland officials and rogue businessmen for the first time since becoming chief of the Communist Party, warning officials not to rub shoulders with businessmen.

Sunday, 10 March, 2013, 5:52am

Diluted monopoly bill under attack

Pan-democrats would oppose a government proposal to exclude more companies from the competition bill and would seek to bring statutory bodies under the control of the law, a legislator said yesterday.

25 Apr 2012 - 12:00am

Ripped off

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

Fuel-price study criticised

An independent study that found no evidence of collusion in the setting of fuel prices was criticised by lawmakers for basing its conclusions on the limited data oil companies furnished.

25 Apr 2006 - 12:00am

Fuelling debate

A government-hired consultant will study the Hong Kong motor fuel market to see if regulation is needed to ensure fair competition. Do you think there has been collusion on prices? Share your views: write to us

5 Aug 2005 - 12:00am

ICAC urged to get tough on collusion

But the anti-graft body says government-business malpractice is already targeted

Legislators yesterday called on the Independent Commission Against Corruption to be vigilant against, and take the initiative to prevent, government collusion with big businesses.

20 Jan 2005 - 12:00am

Rising dangers

The race to win subscribers has been good for customers, but hard going for mobile phone operators.

Cutthroat competition has sent profits plunging. One company recorded an interim loss of $393 million last week, so it was only a matter of time before price rises were put back on the agenda.

28 Mar 2000 - 12:00am

Welcome watchdog

The 18th-century thinker Adam Smith warned that 'people of the same trade seldom meet together even for merriment or diversion but the conversation ends in a conspiracy against the public or in some contrivance to raise prices'.

21 Jan 2000 - 12:00am