Eight companies and 12 individuals suspected of rigging bids for at least 11 building maintenance projects in Hong Kong, including at Wang Fuk Court where 168 people died in a fire last year, are expected to face a month-long trial no earlier than 2028. The Competition Tribunal held its first hearing on Wednesday for the…
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…
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,…