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Tribunal held that Witness Statements Should be Exchanged in Enforcement Proceedings: TH Lee
By decision dated 31 December 2020 ([2020] HKCT 12), the Tribunal held that in enforcement proceedings, witness statements should be simultaneously, instead of sequentially, exchanged. In this action, the Commission alleges agreements or concerted practices between...
Penalties Imposed in First Bid Rigging Case Before the Tribunal: Nutanix
By decision dated 16 December 2020 ([2020] HKCT 11), the Tribunal dealt with the consequential orders to be made against the 4 respondents (ie, Nutanix, BT, Innovix and Tech 21) which were found in a previous decision dated 17 May 2019 ([2019] HKCT 2) to have...
Software supplier and its director admitted liability for cartel conduct in bidding exercise organised by the Ocean Park: Quantr
By decision dated 3 November 2020 ([2020] HKCT 10), the Tribunal approved a consent order made between the Commission and the 1st and 2nd respondents. The order provides, inter alia, that: - the 1st respondent has contravened the first conduct rule; the 2nd respondent...
Tribunal Orders for Disqualification of Directorship: Fungs E&M
By this subsequent decision dated 30 October 2020 ([2020] HKCT 9), the Tribunal ordered the 9th respondent be disqualified as a director of the 5th respondent for a period of 1 year and 10 months. On 14 October 2020, the Tribunal held that the 9th respondent was...
Commission issued infringement notices to 6 hotel groups and a tour counter operator for facilitating cartel arrangement
On 26 January 2021, The Commission issued infringement notices to the following six hotel groups and a tour counter operator for facilitating a cartel arrangement between two competing travel service providers, Gray Line Tours of Hong Kong Limited (“Gray Line”) and...
Hong Kong Competition Commission filed its first case on abuse of substantial market power
On 21 December 2020, the Hong Kong Competition Commission (“Commission”) filed a case against Linde HKO Limited and Linde GmbH (collectively as “Linde”) for the abuse of substantial degree of market power in the medical gases supply market in Hong Kong causing...
US Federal Trade Commission sues Facebook for Unlawful Monopolization
On 9 December 2020, the US Federal Trade Commission ("FTC") commenced proceedings against Facebook for unlawful maintenance of its social networking monopoly. In its complaint, the FTC alleges that Facebook has engaged in a systematic strategy—including acquisition of...
EU Commission fines Teva and Cephalon €60.5 million for delaying entry of cheaper generic medicine
On 26 November 2020, the EU Commission announced that it has fined the pharmaceutical companies Teva and Cephalon €60.5 million for agreeing to delay for several years the market entry of a cheaper generic version of Cephalon's drug for sleep disorders, modafinil,...