Enforcing fair play: Competition Commission's eight-year journey in upholding competition regulations
- Since December 2015, the Competition Commission has taken legal actions to combat anti-competitive practices. 15 cases involving 48 undertakings and 24 individuals have been brought before the Competition Tribunal
- While considerable progress on enforcement has been made, there is still a notable disparity between small and large businesses when it comes to the adoption of compliance measures. Future focus will be on assisting SMEs to develop compliance strategy
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From bid-rigging among IT contractors and fixing of commission rates among estate agents to fish wholesalers and funeral service providers allegedly engaging in cartel conduct, these activities not only defraud consumers but also blatantly contravene the Competition Ordinance (“Ordinance”).
To combat such anti-competitive practices, the Competition Commission has taken swift legal actions by initiating 15 cases involving 48 undertakings and 24 individuals before the Competition Tribunal since the Ordinance was fully implemented in December 2015.
The primary goal of the Commission's enforcement actions is to combat and deter anti-competitive behaviour that undermines market competition and harms consumers.
Over the past eight years, such legal actions, together with various advocacy initiatives undertaken by the Commission, have significantly increased awareness of the Ordinance among the public and businesses, which has been confirmed by the findings of a recent survey conducted by an independent research body.
Legal actions speak louder than words
