Hong Kong’s antitrust watchdog has launched a website to help small and medium-sized enterprises better navigate the Competition Ordinance after a survey showed that only a quarter of firms polled were adequately equipped to comply with the law.
The survey found that more than 70 per cent of the respondents believed the ordinance could help curtail anticompetitive activities, with an SME representative pointing out that businesses lacked knowledge of the law.
Competition Commission executive director Gary Shiu Moon-cheung said on Tuesday the watchdog had decided to take action.