The Asia-Pacific Antitrust Review 2008

Hong Kong

01 January 1900

Introduction Hong Kong is often applauded as one of the most free economies in the world. Paradoxically, it does not have a general, cross-sector competition law, unlike the vast majority of the world's other developed free economies. Instead, Hong Kong has two competition law regimes that apply only to the telecommunications and broadcasting sectors, with the remainder of the economy being subject to the oversight of the Competition Policy Advisory Group (COMPAG), which is a statutory body that oversees competition in Hong Kong without a competition law that it can enforce, or powers of sanction or enforcement.

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