29 April 2013
The Honourable Wu Hung-yuk, Anna, G.B.S., J.P., has been appointed Chairperson of the Hong Kong Competition Commission for a period of three years from 1 May 2013. She was appointed through an announcement made by the Chief Executive of the Hong Kong SAR on 26 April 2013.
Other members of the Hong Kong Competition Commission have also been appointed, including: Chan Kwok-wai, M.H; Chan Sui-kuen, Agnes; Cheng Kin-hon, Thomas; Professor Cheng Kwok-hon, Leonard; Hui Wah-kit, Michael; Kwok Kwok-chuen; Kwok Lam-kwong, Larry; Kwok Pui-fong, Miranda; Honourable Leung Kwan-yuen, Andrew; Anthony William Seeto Yiu-wai; Professor Tsang Shu-ki; Wong Fung-han, Gilly; and Wong Kit-lung, Simon.
The establishment of the Competition Commission is another significant milestone as we move toward full enforcement of the Conduct Rules, through investigations and ultimately the prosecution of cases before the Tribunal.
Mayer Brown JSM will continue to monitor progress toward the full implementation of the Competition Ordinance with a view to publishing detailed guidance on how business can make the most of the transitional period before the central prohibitions – or Conduct Rules – in the Competition Ordinance become operative by stepping up compliance efforts.
Mayer Brown JSM's Asia Antitrust & Competition team members have been actively involved in discussions with the Administration and business sector regarding Hong Kong's emerging competition regime for many years. This history and our wealth of overseas competition experience mean that we are uniquely positioned to assist your business in this new and challenging area. Should you have any questions in relation to the matters discussed in this briefing or on competition issues generally, please feel free to contact a member of the team.
Links to our previous legal updates on this topic which highlight steps to be taken in preparation for the new regime can be found below:
Hong Kong Adopts New Competition Law (What you should know and what you should do – a 2 part Legal Update), 15 June 2012
Further Information on Hong Kong's New Competition Law (What you should know and what you should do - a 2 part Legal Update), 15 June 2012
For inquiries related to this Legal Update, please contact John Hickin, Hannah Ha, Philip Monaghan or your usual contacts with our firm.