As we step into the Year of the Goat, businesses in Hong Kong are gearing up for the impending enforcement of the Competition Ordinance (Cap.619) (Ordinance), with the Competition Commission (Commission) having indicated the Ordinance is likely to come into operation by the end of 2015.

While the Commission is currently revising the draft enforcement guidelines and preparing other guidance documents, the Government has also been busy preparing subsidiary legislation to the Ordinance.

In mid-February, the Commerce and Economic Development Bureau (CEDB) and the Chief Executive in Council published a number of regulations relating to statutory bodies, exempted persons and turnover, which marks another step closer to full enforcement of the Ordinance.

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