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Cooperation in Hong Kong cartel probes will win whistleblowers instant information on penalty relief, senior antitrust official says

By Xu Yuan ( April 30, 2019, 06:04 GMT | Insight) -- Companies that opt to cooperate with Hong Kong’s antitrust regulator in cartel investigations in the hope of winning reduced penalties can expect to hear about the size of those potential reductions right from the get-go, according to a senior official at the regulator. Jindrich Kloub, executive director for operations at the Competition Commission, said: “Generally the intention would be to reduce uncertainty in as much as possible."Companies that opt to cooperate with Hong Kong’s antitrust regulator in cartel investigations in the hope of winning reduced penalties can expect to hear about the size of those potential reductions right from the get-go, according to a senior official at the regulator. ...

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