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  Promoting Fair Competition

20.    The Government is determined to promote the principle of fair competition.  We have been working to increase the transparency of our existing regulatory regime to ensure it is fair and to enhance Hong Kong 's competitiveness.  Within the community, views differ on the introduction of competition law.  The Government's stance is that we will legislate where circumstances so warrant.  We should, however, take into account the needs and circumstances of individual sectors in deciding whether legislation or other means should be used to achieve fair competition.  In view of recent public concerns over the local auto-fuel market, we have commissioned an independent and comprehensive study on the competitive situation in this market.  In addition, the Competition Policy Advisory Group will appoint an independent committee to review existing competition policy and the Group's composition, terms of reference and operations.



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2004 | Important notices
Last revision date : 16 March, 2005