Hong Kong competition law: comparative and theoretical perspectives
"Introduction I. Historical Background Seven years after the passage of the Competition Ordinance (the Ordinance) and four years after it came into effect, it is easy to forget how remarkable the journey has been for the adoption of competition law in Hong Kong. Since the early 1990s, when the...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, United Kingdom ; New York, NY
Cambridge University Press
2021
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| Schlagworte: | |
| Zusammenfassung: | "Introduction I. Historical Background Seven years after the passage of the Competition Ordinance (the Ordinance) and four years after it came into effect, it is easy to forget how remarkable the journey has been for the adoption of competition law in Hong Kong. Since the early 1990s, when the Consumer Council, a quasi-governmental consumer protection body, began advocating for a competition law in Hong Kong, the Hong Kong government had strenuously resisted calls for competition legislation on the ground that the city's economy was already highly competitive due to its lack of trade barriers. The lack of trade barriers meant that any firm could enter the city's markets easily and discipline the existing market players. The ease of market entry would keep the exercise of market power to a minimum. The fallacy of this argument is easy to see. While the lack of trade barriers may allow competition in the markets for tradeable goods, it has no bearing on the degree of competition for non-tradeable services. Openness to trade would not save the domestic market from a monopolistic retailer, for example. As it turns out, non-tradeable services are exactly where the competition problems in the Hong Kong economy lie. The flaws of this argument, however, have not deterred the Hong Kong government from using it to oppose the adoption of competition law, both domestically and in international fora. When the World Trade Organization (WTO) was deliberating on the inclusion of competition law within its ambit under what were known as the Singapore issues, the Hong Kong government was vehemently opposed to it. The Singapore issues were eventually dropped from the WTO agenda, but the domestic debate on competition law continued"-- |
| Beschreibung: | Includes index |
| Beschreibung: | xli, 285 Seiten |
| ISBN: | 9781108427753 1108427758 |
Internformat
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| 100 | 1 | |a Cheng, Thomas K. |e Verfasser |0 (DE-588)1064186238 |4 aut | |
| 245 | 1 | 0 | |a Hong Kong competition law |b comparative and theoretical perspectives |c Thomas K. Cheng and Kelvin H. Kwok, The University of Hong Kong |
| 264 | 1 | |a Cambridge, United Kingdom ; New York, NY |b Cambridge University Press |c 2021 | |
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| 500 | |a Includes index | ||
| 505 | 8 | |a First conduct rule -- Second conduct rule -- Exclusions and exemptions -- Enforcement and procedure | |
| 520 | 3 | |a "Introduction I. Historical Background Seven years after the passage of the Competition Ordinance (the Ordinance) and four years after it came into effect, it is easy to forget how remarkable the journey has been for the adoption of competition law in Hong Kong. Since the early 1990s, when the Consumer Council, a quasi-governmental consumer protection body, began advocating for a competition law in Hong Kong, the Hong Kong government had strenuously resisted calls for competition legislation on the ground that the city's economy was already highly competitive due to its lack of trade barriers. The lack of trade barriers meant that any firm could enter the city's markets easily and discipline the existing market players. The ease of market entry would keep the exercise of market power to a minimum. The fallacy of this argument is easy to see. While the lack of trade barriers may allow competition in the markets for tradeable goods, it has no bearing on the degree of competition for non-tradeable services. Openness to trade would not save the domestic market from a monopolistic retailer, for example. As it turns out, non-tradeable services are exactly where the competition problems in the Hong Kong economy lie. The flaws of this argument, however, have not deterred the Hong Kong government from using it to oppose the adoption of competition law, both domestically and in international fora. When the World Trade Organization (WTO) was deliberating on the inclusion of competition law within its ambit under what were known as the Singapore issues, the Hong Kong government was vehemently opposed to it. The Singapore issues were eventually dropped from the WTO agenda, but the domestic debate on competition law continued"-- | |
| 653 | 0 | |a Antitrust law / China / Hong Kong | |
| 653 | 0 | |a Competition, Unfair / China / Hong Kong | |
| 653 | 0 | |a Antitrust law | |
| 653 | 0 | |a Competition, Unfair | |
| 653 | 2 | |a China / Hong Kong | |
| 700 | 1 | |a Kwok, Kelvin Hiu Fai |e Sonstige |0 (DE-588)1153370166 |4 oth | |
| 776 | 0 | 8 | |i Online version |a Cheng, Thomas K. |t Hong Kong Competition Law |d Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2021 |z 978-1-108-55315-5 |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-032803914 | ||
Datensatz im Suchindex
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| contents | First conduct rule -- Second conduct rule -- Exclusions and exemptions -- Enforcement and procedure |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T17:53:09Z |
| indexdate | 2024-07-10T09:11:09Z |
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| isbn | 9781108427753 1108427758 |
| language | English |
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| spelling | Cheng, Thomas K. Verfasser (DE-588)1064186238 aut Hong Kong competition law comparative and theoretical perspectives Thomas K. Cheng and Kelvin H. Kwok, The University of Hong Kong Cambridge, United Kingdom ; New York, NY Cambridge University Press 2021 xli, 285 Seiten txt rdacontent n rdamedia nc rdacarrier Includes index First conduct rule -- Second conduct rule -- Exclusions and exemptions -- Enforcement and procedure "Introduction I. Historical Background Seven years after the passage of the Competition Ordinance (the Ordinance) and four years after it came into effect, it is easy to forget how remarkable the journey has been for the adoption of competition law in Hong Kong. Since the early 1990s, when the Consumer Council, a quasi-governmental consumer protection body, began advocating for a competition law in Hong Kong, the Hong Kong government had strenuously resisted calls for competition legislation on the ground that the city's economy was already highly competitive due to its lack of trade barriers. The lack of trade barriers meant that any firm could enter the city's markets easily and discipline the existing market players. The ease of market entry would keep the exercise of market power to a minimum. The fallacy of this argument is easy to see. While the lack of trade barriers may allow competition in the markets for tradeable goods, it has no bearing on the degree of competition for non-tradeable services. Openness to trade would not save the domestic market from a monopolistic retailer, for example. As it turns out, non-tradeable services are exactly where the competition problems in the Hong Kong economy lie. The flaws of this argument, however, have not deterred the Hong Kong government from using it to oppose the adoption of competition law, both domestically and in international fora. When the World Trade Organization (WTO) was deliberating on the inclusion of competition law within its ambit under what were known as the Singapore issues, the Hong Kong government was vehemently opposed to it. The Singapore issues were eventually dropped from the WTO agenda, but the domestic debate on competition law continued"-- Antitrust law / China / Hong Kong Competition, Unfair / China / Hong Kong Antitrust law Competition, Unfair China / Hong Kong Kwok, Kelvin Hiu Fai Sonstige (DE-588)1153370166 oth Online version Cheng, Thomas K. Hong Kong Competition Law Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2021 978-1-108-55315-5 |
| spellingShingle | Cheng, Thomas K. Hong Kong competition law comparative and theoretical perspectives First conduct rule -- Second conduct rule -- Exclusions and exemptions -- Enforcement and procedure |
| title | Hong Kong competition law comparative and theoretical perspectives |
| title_auth | Hong Kong competition law comparative and theoretical perspectives |
| title_exact_search | Hong Kong competition law comparative and theoretical perspectives |
| title_exact_search_txtP | Hong Kong competition law comparative and theoretical perspectives |
| title_full | Hong Kong competition law comparative and theoretical perspectives Thomas K. Cheng and Kelvin H. Kwok, The University of Hong Kong |
| title_fullStr | Hong Kong competition law comparative and theoretical perspectives Thomas K. Cheng and Kelvin H. Kwok, The University of Hong Kong |
| title_full_unstemmed | Hong Kong competition law comparative and theoretical perspectives Thomas K. Cheng and Kelvin H. Kwok, The University of Hong Kong |
| title_short | Hong Kong competition law |
| title_sort | hong kong competition law comparative and theoretical perspectives |
| title_sub | comparative and theoretical perspectives |
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