New Hong Kong Antitrust Bill May Be Slow To Take Effect

By Melissa Lipman (June 14, 2012, 8:22 PM EDT) -- Hong Kong lawmakers passed the Chinese region's first-ever competition law Thursday, but attorneys cautioned it would likely take more than a year for the government to get the limited antitrust regulation into effect.

After a series of debates in recent weeks, the administrative region's Legislative Council cleared the proposal along with several amendments the government has introduced over the last eight months designed to appease worries that the law would harm smaller businesses, including eliminating the right to bring standalone private antitrust suits and requiring the soon-to-be-established Competition Commission to issue warnings before penalties for nonhardcore violations.

The passage marks a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!