After being banished to the bottom of the legislative
'to-do' list for 12 months in the wake of the global financial
crisis, it appears the Hong Kong government is now gearing up
for its long-promised competition bill.
In his annual policy address on October 14 2009, Chief
Executive Donald Tsang re-affirmed the government's commitment
to introduce the bill to Hong Kong's Legislative Council in the
2009/2010 legislative session. This followed comments in late
September 2009 by Gregory So, Under Secretary for Hong Kong's
Commerce and Economic Development Bureau (CEDB), confirming
that drafting of the bill was progressing, and that the
government has made several changes to the proposals for the
bill that it had previously set out in a May 2008 consultation
Although advocates of a general competition law in Hong Kong
will welcome the government's renewed focus on this issue, the
update So has provided on the...