A Tale Of Two Antitrust Leniency Programs: Hong Kong Vs. US
By Jennifer Driscoll, Michelle Mantine and Conor Shaffer (May 7, 2020, 2:44 PM EDT) -- On April 16, the CEO of the Hong Kong Competition Commission, Brent Snyder, announced sweeping changes to the agency's leniency program. This is the second round of changes in less than one year — the first occurring in May 2019 when the concept of "leniency plus" was adopted.
Not surprisingly, given Snyder's prior tenure as deputy assistant attorney general for criminal enforcement at the U.S. Department of Justice, Antitrust Division, the reforms more closely — though not entirely — align the Hong Kong leniency program with the U.S. program.
In an interesting twist, the Hong Kong program is in some ways...
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