HK's Competition Bill Could Spur M&A Deals

If the decision to omit mergers and acquisitions in Hong Kong's draft competition bill pushes through, complaints about anti-competitive M&A deals may not be acted upon.

 

Aside from the Telecommunications Ordinance, there is no law in Hong Kong to challenge such deals if they are anti- competitive, reports the South China Morning Post.

 

Gerry O'Brien, a senior associate with law firm Mayer Brown JSM, told the Post that the non-existence of a merger regulation in Hong Kong questions whether M&As and joint ventures can be challenged under the more general rules against anti-competitive agreements.

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