The Government is committed to promoting competition to enhance economic efficiency and free trade, and to benefit consumers. The Competition Policy Advisory Group (COMPAG) chaired by the Financial Secretary was established in Dec 1997 to provide a high-level, dedicated forum to review competition-related issues with policy or systemic implications.
COMPAG reckons that promoting competition is not just a government matter. The community, in particular the business sector, also has an important role to play. With the support and contribution from chambers of commerce and trade organizations, COMPAG developed in 1002, a set of guidelines which aims to provide pointers with objective benchmarks and principles to assess Hong Kong’s overall competitive environment, to define and tackle anti-competitive practices, as well as to ensure consistent application of Hong Kong’s competition policy across sectors. You are encouraged to promote adherence to the guidelines by your organization, and to develop your won sector-specific codes of conduct on the basis of these guidelines.
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