Region: Hong Kong

US DOJ should follow foreign agencies’ lead on compliance, antitrust lawyers say

While private practitioners have urged the US Department of Justice’s antitrust division to discount fines for companies with robust compliance programmes, senior officials at two of the agency’s foreign counterparts admit that it is not simple to do so.

10 April 2018

Hong Kong banks seek exemption

Fourteen banks have asked Hong Kong’s Competition Commission to bless their Code of Banking Practice, as complying with the code is in effect mandatory.

05 January 2018

Hong Kong enforcer brings second case to tribunal

Hong Kong's Competition Commission has referred an alleged price-fixing scheme affecting the construction and engineering sector to the jurisdiction's specialist court, marking the second case to make its way to the tribunal.

14 August 2017

Snyder to become Hong Kong enforcer’s executive

Brent Snyder, the deputy assistant attorney general for criminal enforcement at the US Department of Justice’s antitrust division, is set to become the Hong Kong Competition Commission’s next chief executive – prompting observers to foresee a rise in enforcement by the young agency.

20 June 2017

Hong Kong court throws out “spurious” stand-alone competition claim

Hong Kong’s High Court has ruled that it cannot oversee stand-alone lawsuits against alleged breaches of competition law and that it is for Hong Kong’s competition enforcer – not private parties – to bring complaints to the jurisdiction’s specialist antitrust court.

15 May 2017

Hong Kong enforcer says leniency fine cuts uncertain

The Hong Kong Competition Commission cannot guarantee what fine reductions will be granted to non-immunity leniency applicants, its chief executive said yesterday.

31 March 2017

Hong Kong enforcer files first case

Hong Kong’s Competition Commission has for the first time referred an alleged bid-rigging cartel – including a subsidiary of telecommunications operator BT – to the jurisdiction’s Competition Tribunal.

24 March 2017

Compass Lexecon opens in Hong Kong

18 April 2016

Mordaunt heads to Freshfields in Hong Kong

10 March 2016

Hong Kong enforcer’s chief departs

09 March 2016

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