Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Hong Kong watchdog to propose criminalising bid-rigging...
Business & Finance

Hong Kong watchdog to propose criminalising bid-rigging as early as September

Hong Kong watchdog to propose criminalising bid-rigging as early as September
South China Morning Post Friday 05 June 2026, 07:46 UTC By Matthew Cheng 1 min read
Key Points

Hong Kong’s competition watchdog aims to submit proposals to criminalise bid-rigging as early as September, paving the way for the government to table legislative amendments by the end of the year, following the city’s deadliest fire in decades. Senior Counsel Jat Sew-tong, who assumed the role of chairman of the Competition Commission last month, said on Friday that the watchdog would also launch a study into the city’s auto fuel market amid a surge in prices. The market has faced...

Hong Kong’s competition watchdog aims to submit proposals to criminalise bid-rigging as early as September, paving the way for the government to table legislative amendments by the end of the year, following the city’s deadliest fire in decades. Senior Counsel Jat Sew-tong, who assumed the role of chairman of the Competition Commission last month, said on Friday that the watchdog would also launch a study into the city’s auto fuel market amid a surge in prices. The market has faced long-standing...
Hong Kong (LOCATION) Hong Kong’s (LOCATION) Jat Sew-tong (PERSON) the Competition Commission (ORG)
Originally published by South China Morning Post Read original →

Related Stories

Valve will stop producing physical Steam gift cards because of scammers

Valve will stop producing physical Steam gift cards because of scammers This is why we can’t have nice things. Valve will not be renewing its stock of physical gift cards for Steam. The gaming company anticipates that the cards will be completely gone from retailers' shelves by the end of 2026.

Engadget 21m ago

Oracle Reports Higher-Than-Expected Data Center Spending

Oracle Corp. signage on the floor of the New York Stock Exchange in New York. Photographer: Michael Nagle/Bloomberg

Bloomberg Technology 21m ago

USDA's Rollins called screwworm a 'little pest' amid U.S. spread. Last year, she called it 'terrifying'

Agriculture Secretary Brooke Rollins told CNBC on Monday that the new world screwworm is a "little pest." In the past, she called the parasite "terrifying." The discrepancy in messaging before and after the flesh-eating pest was detected in the U.S. offers a window into how Rollins is managing the screwworm threat now that it has reached inside the border.

CNBC 22m ago

Citi Says Investors Growing More Selective on Data Center Bonds

Bloomberg Markets 24m ago