Clifford Chance
Hong Kong Competition Tribunal Fines Contractors for Price Fixing and Market Sharing
12 May 2020
The Competition Tribunal recently handed down its first decision on pecuniary penalties under the Competition Ordinance.
Total penalties of almost HK$4 million were imposed on ten contractors for making and giving effect to a market sharing arrangement and a price fixing arrangement while providing decoration services to tenants at a public housing estate.
