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Clifford Chance

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.

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