The Competition Commission (Commission) welcomes the judgments handed down by the Competition Tribunal (Tribunal) today (17 May) in Hong Kong’s first two competition cases involving bid-rigging, market sharing and price fixing.
In the first (bid-rigging) case, the Tribunal found the four respondent information technology (IT) companies, namely Nutanix Hong Kong Limited, BT Hong Kong Limited, Innovix Distribution Limited and Tech-21 Systems Limited, liable for contravening the First Conduct Rule of the Competition Ordinance (Ordinance) by engaging in bid-rigging concerning a tender related to the supply and installation of a new IT system for the Hong Kong Young Women’s Christian Association (YWCA).
In the second (market sharing and price fixing) case, the Tribunal found the ten respondent construction companies liable for contravening the First Conduct Rule of the Ordinance by engaging in market sharing and price fixing in relation to the provision of renovation services at Phase 1 of On Tat Estate, a public rental housing estate in Kwun Tong, Kowloon.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
