Competition Tribunal – Charm

Hong Kong watchdog monitoring potential merger of city’s top 2 supermarket chains

4 weeks ago02 mins

Hong Kong’s competition watchdog is closely monitoring a potential megadeal between the city’s two largest supermarket chains amid a continued decline in grocery sales since 2020. The Competition Commission told the South China Morning Post that it was aware of media reports about the potential merger. “The commission is aware of the relevant media reports…

2 bid-rigging syndicates ‘potentially linked’ to estate destroyed in Tai Po fire

2 months ago02 mins

At least two bid-rigging syndicates could be linked to the HK$336 million (US$43 million) renovation bid for a housing estate destroyed in Hong Kong’s deadliest fire in decades, a lawyer for the competition watchdog has said at the fourth session of an evidential hearing. Lester Lee Hiu-leung, the Competition Commission’s executive director for legal services,…