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Will Hong Kong’s Competition Ordinance Level the Business Playing Field?

Audits: More than Just Checking Items off a List.

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However, the Court of First Instance ruled that no violations had been committed, due to the absence of an anti-trust law. In many countries, such behaviour is illegal, but not in Hong Kong, as the steel gate case highlighted.

Once the Competition Ordinance Chapter of the Laws of Hong Kong is enforced from next year, such practices will be outlawed. More than a decade in the making, the ordinance seeks to a prevent collusive behaviour among groups of undertakings defined as any entity engaged in economic activity and b prevent individual undertakings from deterring competition.

Already, the commission has been established with the appointment of 14 members. The commission will be granted investigative powers to apply the new law. Christoph Eppinger Wirtschaftsprüfer Location: Jochen von Bukowski Wirtschaftsprüfer, Steuerberater. Jochen von Bukowski Wirtschaftsprüfer, Steuerberater Location: Bernhard Steffan Wirtschaftsprüfer, Steuerberater. Bernhard Steffan Wirtschaftsprüfer, Steuerberater Location: Anke Schmalenbach Wirtschaftsprüferin, Steuerberaterin Location: Hartmut Pfleiderer Wirtschaftsprüfer, Steuerberater.

Girma and Fasil Audit Service Partnership. The rest sent bids at much higher prices.

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