In its first legal action since the city’s competition law came into effect in December 2015, the Hong Kong’s antitrust regulator has taken five information technology companies to a tribunal for bid rigging.
The case involves a tender issued by a social services organisation, the Hong Kong Young Women’s Christian Association, in July last year for the installation of a new server system based on technology by Nutanix Hong Kong Limited.
The Competition Commission is alleging that all five companies – including Nutanix Hong Kong – were involved in bid-rigging.
It alleges that the IT companies breached the first conduct rule in the ordinance – in which companies engage in cartel conduct which prevents, restricts or distorts competition.
The regulator is seeking remedies including financial penalties and a declaration that each firm contravened the rule.
Full Content: South China Morning Post
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