17 December 2015

Hong Kong Competition Law Guide

Hong Kong’s new competition law came into full effect on 14 December 2015 and now applies to all businesses in Hong Kong. Penalties for failing to comply can be severe – a company group may be fined up to 10% of its annual turnover in Hong Kong for each contravention. Individuals involved in a breach may also be penalised. It is therefore vital that companies have a strategy in place to deal with the changes and the potential impact on their business

To assist businesses to prepare for the new competition law, King & Wood Mallesons has prepared a Hong Kong Competition Law Guide.

The guide covers:

  • key aspects of the competition law, including “dos and don’ts”;
  • consequences of breaching competition law; and
  • compliance tips for Hong Kong businesses.

Contact us to discuss the new competition law, or to delve deeper into any of the topics addressed in the guide.

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