Felix Ng was interviewed by Hong Kong Economic Times on Competition Law
On 9th April 2018, the Competition Commission of Hong Kong issued an Advisory Bulletin on employment-related practices that could give rise to competition concerns under the Competition Ordinance (Cap 619).
In particular, the Commission considers that the following practices between employers could potentially contravene the First Conduct Rule:
(i) Wage-fixing agreements – agreements between businesses to fix the price of labour (e.g. salaries, benefits and allowances of employees);
(ii) Non-poaching agreements – agreements between businesses to prevent solicitation or hiring of each other’s employees, thereby engaging in market sharing;
(iii) Exchange of sensitive information – direct or indirect sharing of competitively sensitive information between employers in relation to their prospective compensation or hiring of employees.
Our partner Felix Ng was interviewed by Hong Kong Economic Times and commented on the enforcement focus of the Competition Commission and the potential grey areas of this Advisory Bulletin.
For details of the news article, please click here
For Competition Commission’s news release, please click here