************************************************************
The Competition Policy Advisory Group (COMPAG) today (December 17) published its 2009¡ª2010 Annual Report, which reviews the complaints received this year and outlines the progress of investigation and follow-up actions taken.
"The report also summarises the key elements of the Competition Bill, which was introduced into the Legislative Council on July 14, 2010," a spokesman for the Commerce and Economic Development Bureau said.
The spokesman said the Competition Bill is the outcome of extensive consultation over the years and provides a legal framework for ensuring the effective implementation of Hong Kong's competition policy. "The Government is now working closely with the Bills Committee set up by the Legislative Council to scrutinise the Competition Bill. We will co-operate with the Legislative Council to ensure early passage of the Bill," the spokesman added.
Members of the public can access the report on the COMPAG website (www.compag.gov.hk).
COMPAG was established in December 1997 under the chairmanship of the Financial Secretary to co-ordinate the Government's efforts in promoting competition, to review competition issues that have substantial policy or systemic implications, and to direct bureaux and departments on such matters.
Ends/Friday, December 17, 2010
Issued at HKT 16:32
NNNN
