COMPETITION COMMISSION 競爭事務委員會
Competition Commission to preserve cartel profits at container terminal
HK Competition Commission, 12-Aug-2020
Almost anything arriving by sea for the HK market lands at the 23 berths (96%) operated by the cartel. Rather than require competition, the CC would allow the 2 operators and 4 owners to lock in margins via price-fixing indexed at 2019 levels. The CC says "the price and margin trends... suggest limited competitive pressure on the Parties from outside Kwai Tsing". HK consumers pay for this, and there's no requirement to publish the accounts which show those margins. How disgraceful. It's becoming the Anti-Competition Commission.
HK Competition Commission, 12-Aug-2020
Almost anything arriving by sea for the HK market lands at the 23 berths (96%) operated by the cartel. Rather than require competition, the CC would allow the 2 operators and 4 owners to lock in margins via price-fixing indexed at 2019 levels. The CC says "the price and margin trends... suggest limited competitive pressure on the Parties from outside Kwai Tsing". HK consumers pay for this, and there's no requirement to publish the accounts which show those margins. How disgraceful. It's becoming the Anti-Competition Commission.
West Kowloon needs tender care
We urge the board of WKCDA, which was bypassed for months in the planning of the Palace Museum, to put the main architectural services contract out to tender, given that there is still no binding contract with Rocco Yim's company. Let him compete for the work, in line with HK's commitments to free and fair trade under WTO obligations. We estimate the contract size at HK$140m. (6-Feb-2017)
We urge the board of WKCDA, which was bypassed for months in the planning of the Palace Museum, to put the main architectural services contract out to tender, given that there is still no binding contract with Rocco Yim's company. Let him compete for the work, in line with HK's commitments to free and fair trade under WTO obligations. We estimate the contract size at HK$140m. (6-Feb-2017)
Tom Lee Music practices not fair play
We look behind an ICAC prosecution of music teachers and find bad practices at the tax-exempt Tom Lee Music Foundation, which requires its teachers to exclusively push products for Tom Lee Music Company. (28-Feb-2016)
We look behind an ICAC prosecution of music teachers and find bad practices at the tax-exempt Tom Lee Music Foundation, which requires its teachers to exclusively push products for Tom Lee Music Company. (28-Feb-2016)
Competition Commission & Consumer Council call on Government to introduce electricity competition
HK Competition Commission, 21-Sep-2015
Excellent stuff. Won't happen.
HK Competition Commission, 21-Sep-2015
Excellent stuff. Won't happen.
The architect and surveyor cartels
Webb-site finds written evidence of price-fixing and other anti-competitive practices at the HK Institute of Architects, HK Institute of Landscape Architects and HK Institute of Surveyors. But they do have 1 legislator and 30 seats in the CE's Election Committee, so when will C Y Leung activate the Competition Ordinance? (25-Jan-2015)
Webb-site finds written evidence of price-fixing and other anti-competitive practices at the HK Institute of Architects, HK Institute of Landscape Architects and HK Institute of Surveyors. But they do have 1 legislator and 30 seats in the CE's Election Committee, so when will C Y Leung activate the Competition Ordinance? (25-Jan-2015)
An aerial tour of HK's monopolies and anti-competitive practices
The slides from a presentation by Webb-site founder David Webb to the Asian Competition Forum at Polytechnic University this morning. When you get to slide 30, click the box to launch the online video. (9-Dec-2014)
The slides from a presentation by Webb-site founder David Webb to the Asian Competition Forum at Polytechnic University this morning. When you get to slide 30, click the box to launch the online video. (9-Dec-2014)
HK Govt proposes to exempt HKEx and subsidiaries from competition law
HK Legislative Council, 24-Nov-2014
Comment: this is outrageous. There is no reason why the stock and futures exchanges, and their clearing houses, should be exempt from the law. These are commercial activities and HKEx should not be allowed to defend their monopolies with anti-competitive practices. HK Govt owns nearly 6% of HKEx.
HK Legislative Council, 24-Nov-2014
Comment: this is outrageous. There is no reason why the stock and futures exchanges, and their clearing houses, should be exempt from the law. These are commercial activities and HKEx should not be allowed to defend their monopolies with anti-competitive practices. HK Govt owns nearly 6% of HKEx.
Supermarkets: Consumer Council calls for Competition Commission probe
Company media release, 19-Dec-2013
Now you understand why Hutchison Whampoa was trying to sell Park'N Shop. They still have a while to enjoy their margins: the Competition Ordinance was pased in Jun-2012 but won't take effect for some time, so anti-competitive behaviour (if any) is still legal in HK. The Commission was appointed on 1-May-2013 but doesn't even have a web site yet. The Government does not seem anxious to get things moving.
Company media release, 19-Dec-2013
Now you understand why Hutchison Whampoa was trying to sell Park'N Shop. They still have a while to enjoy their margins: the Competition Ordinance was pased in Jun-2012 but won't take effect for some time, so anti-competitive behaviour (if any) is still legal in HK. The Commission was appointed on 1-May-2013 but doesn't even have a web site yet. The Government does not seem anxious to get things moving.
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