At Long Last: Draft Hong Kong Competition Law Guidelines Published

Keywords: Hong Kong, Competition Law Guidelines, CO, FCR, SCR

The Hong Kong Competition Commission (the "Commission") today published long-awaited draft implementation guidelines (the "Guidelines") to the Competition Ordinance (Cap. 619) (the "CO").

A total of six draft Guidelines have been published, namely:

1. Draft Guideline on the First Conduct Rule ("FCR")
2. Draft Guideline on the Second Conduct Rule ("SCR")
3. Draft Guideline on the Merger Rule
4. Draft Guideline on Complaints

Draft Guideline on Investigations Draft Guideline on Applications for a Decision under Sections 9 and 24 (Exclusions and Exemptions) and Section 15 Block Exemption Orders

This legal update is the first in a series of updates on the draft Guidelines. In this update we provide a snapshot of what the draft Guidelines say on the key issues, what they don't say, and how they may affect business in Hong Kong.