Too much compromise

Author: | Published: 1 Nov 2009

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 paper.

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...