Competition Commission

The Competition Commission of Hong Kong is a competition watchdog responsible for enforcing the Competition Ordinance, which prohibits anti-competitive conduct. It is currently in the news due to its active investigation and prosecution of alleged bid-rigging syndicates, particularly in the building maintenance sector. Recent events include legal action against syndicates accused of attempting to control a significant portion of the building maintenance market, with investigations linked to the Tai Po housing complex fire. The Commission's actions are seen as a response to public concern over fair competition and pricing, especially following the deadly Tai Po blaze, which highlighted potential issues in the tendering process. The Commission is also considering measures to address rising fuel prices, including requiring firms to disclose pricing formulas when bidding for petrol stations, reflecting its broader mandate to ensure fair market practices across various sectors.