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The Competition Ordinance (Cap 619)

The Competition Ordinance (Ordinance) was passed by the Legislative Council in June 2012 and was set to commence full operation on 14 December 2015.

The Ordinance prohibits restrictions on competition in Hong Kong through three competition rules:

  • The First Conduct Rule prohibits anti-competitive agreements;
  • The Second Conduct Rule prohibits abuse of market power;
  • The Merger Rule prohibits anti-competitive mergers and acquisitions.

The First Conduct Rule and the Second Conduct Rule apply to all sectors of the Hong Kong economy. At present, the Merger Rule only applies to mergers involving carrier licence holders within the meaning of the Telecommunications Ordinance (Cap 106).

The Ordinance is available in full here.