15 May 2013

European authorities have raided the offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of prices, one of the biggest cross-border actions since the Libor...

3:47AM
5 Jan 2013

China has imposed penalties totalling 353 million yuan (HK$434 million) on six manufacturers of flat panel screens, including Samsung and LG Display, for fixing prices.

5:00AM
5 Jan 2013

The 353 million yuan (HK$439 million) penalty the National Development and Reform Commission (NDRC) slapped on a price cartel of six Taiwanese and South Korean makers of liquid crystal displays...

7:18AM
15 Dec 2012

Cathay cleared in UK price-fix probe

3:12AM
7 Dec 2012

Cathay Pacific Airways agreed to pay a fine of A$11.75 million (HK$95.5 million) in an air cargo price-fixing case in Australia.

The Federal Court of Australia approved the settlement...

3:23AM
22 Dec 2010

Small and medium-sized businesses say the government's draft competition law lacks detail and needs more clarity before they will back it, according to the city's leading business chamber.

...
12:49PM

Businesses resent competition. Supermarket chains want to be the only ones roping in consumers. Internet service providers, investment banks, airlines, law firms and many others seek to impose...

5:37AM

Hong Kong should introduce anti-price-fixing laws to discourage cartels, according to the first competition study commissioned by the government.

2:30PM

Yet again the notion of Hong Kong as a free market is called into question.

3:49AM

Complaints against phone companies have soared 80 per cent in the past year.


Customers say they are being cheated by IDD and mobile phone 'specials', the Consumer Council said...

3:07AM

Shipping construction firms from Texas, the Netherlands and Belgium have agreed to pay the US Government a total of US$65 million in fines for conspiring to fix prices on bids, the Justice...

6:52PM

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