Sector: Government

With the power invested in you

July 31, 2013 | 0 Comments

On 16 July 2013, the President and Vice-President of Hong Kong’s Competition Tribunal were appointed by the Chief Executive of the Hong Kong Special Administrative Region, on the recommendation of the Judicial Officers Recommendation Commission....

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All’s fair in Hong Kong

July 22, 2013 | 0 Comments

New consumer protection laws came into effect in Hong Kong on 19 July 2013.  The new laws amend the Trade Descriptions Ordinance (TDO) which prohibit a range of unscrupulous trade practices in respect of goods and...

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Ball busting

July 19, 2013 | 1 Comments

On Friday, 12 July 2013 the ACCC filed proceedings against Japanese ball bearing manufacturer Koyo Australia Pty Ltd in the Federal Court, seeking pecuniary penalties as well as declarations and injunctions. As the ACCC’s press...

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Statistically speaking

July 19, 2013 | 0 Comments

The EC has released its latest statistics on cartel enforcement and the most notable feature may be what is not mentioned. On 4 July 2013, the European Court of Justice quashed fines of over €100...

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You know it’s an election year when, in the last week Parliament sits before an election, MPs are presented with a swollen legislative agenda. This year, that list includes a raft of private members’ bills...

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On 27 June 2013, the Australian Competition and Consumer Commission (ACCC) issued its updated Authorisation Guidelines.  The guidelines reflect the ACCC’s current approach to assessing applications for authorisation and replace the approach adopted by the...

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Do I come from a land down under?

July 1, 2013 | 0 Comments

The ACCC has accepted a court enforceable undertaking from Happiness Road Investment Group Pty Ltd (Happiness Road), admitting the company had made misleading claims over the country of origin of its ugg boots. Happiness Road...

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Taxing time

June 28, 2013 | 0 Comments

In the lead up to the end of the financial year, the ACCC has instituted proceedings against Taxsmart Group Pty Ltd, Taxsmart Franchising Pty Ltd and Resultsmart Pty Ltd (Taxsmart) alleging that it published false...

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NYSE Euronext ex-changes hands

June 28, 2013 | 0 Comments

The European Commission has approved IntercontinentalExchange’s (ICE) acquisition of NYSE Euronext for $8.2 billion in the biggest financial exchange merger since NYSE Euronext and Deutsche Börse’s $10 billion failed merger in 2011. In a statement...

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On 28 May 2013, the European Commission released its annual report, the Report on Competition Policy (2012) (EC Report), which emphasised the use of competition policy to leverage the Single Market for growth, and rejected...

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