‘Recent Competition Policy and Law Developments in China and Hong Kong’
January 7, 2016 Leave a comment
After a short break, the CCP Seminar Series returns in 2016 with another inspiring line-up of presentations on competition policy (you can find out more by clicking here). On Friday 8th January 2016, we are delighted to welcome Mark Williams (Asian Competition Forum and Melbourne Law School) who will be kicking-off the year with his dissection of the ‘Recent Competition Policy and Law Developments in China and Hong Kong‘. Mark is the Executive Director of the Asian Competition Forum, as well as a Professor of Law at the University of Melbourne Law School where he teaches inter alia competition law and Hong Kong company/commercial . An abstract for his seminar can be found below.
Mainland China brought the Antimonopoly Law into force in 2008. The intensity of enforcement has increased markedly in the last two years, especially in relation to business conduct within its territory as opposed to global mergers that have some effect on Chinese markets. Whilst the application of the merger rules has been relatively orthodox, there has been increasing concern about the activities of the NDRC and SAIC with regard to ‘price monopoly’ cases. Transparency and due process issues have caused considerable anxiety, especially amongst the international business community and it is noteworthy that there have been no judicial appeals against any decision of the Chinese agencies since the antitrust system became operational. In Hong Kong, which retains its separate common law -based legal system, the Competition Ordinance only became fully operational on 14 December 2015. This structurally flawed system, that has no merger control provisions save in the telco sector, and adopts a judicial enforcement model, is, necessarily, wholly untried. This seminar will concentrate on recent developments in both systems and the challenges they face to attain international credibility.
The seminar takes place from 13:00-14:00 in the Thomas Paine Study Centre, Room 1.03. Tea will be provided directly afterwards in the MBA Café (TPSC, Floor 2).