Hong Kong braced for competition law
25 January 2011
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Erica Poon, Hong Kong
Companies in Hong Kong should start preparing to balance the conflicting demands of IP and competition law, as a Competition Bill is likely to be passed in 2012, said speakers at a seminar last week
"It's important that you review licensing structures and how things are done in practice," said Isabella Liu, a special counsel in Baker & McKenzie's Hong Kong office.
"The agreement might say one thing, but if your salespeople on the ground are dealing with different terms, then that could be problematic," she added
Liu was speaking at a seminar organised by Baker & McKenzie in Hong Kong on January 19 that looked at the interplay between IP and competition law.
Hong Kong's Competition Bill is under review by the Legislative Council and is expected to be passed in the middle of 2012.
The Bill comprises three central rules that essentially prohibit behaviour aimed at reducing competition in Hong Kong.
The first conduct rule prohibits "agreements, concerted practices and decisions" that have the object or effect of preventing, restricting or distorting...
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