Hong Kong antitrust fines in focus ahead of sanctions hearing in decorators cartel case

By Ben Lucas and Xu Yuan ( November 20, 2019, 11:48 GMT | Insight) -- Hong Kong’s Competition Commission will set out a framework of proposed penalties for 10 decorating companies guilty of collusion, the territory's Competition Tribunal heard today. A four-day hearing for the tribunal to decide on the penalties is scheduled to begin on Jan. 14. Ahead of that, the tribunal held a hearing today to prepare the ground. The outcome of the case is expected to set an important precedent: It is only the second case prosecuted by the commission and the first in which the tribunal has had to wrangle with the question of fines.Hong Kong’s Competition Commission will set out a framework of proposed penalties for 10 decorating companies guilty of collusion, the territory's Competition Tribunal heard today....

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Hong Kong antitrust fines in focus ahead of sanctions hearing in decorators cartel case

Prepare for tomorrow’s regulatory change, today

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