Hong Kong competition watchdog launches raids over suspected HK$500 million renovation bid-rigging

Hong Kong’s competition watchdog has launched raids at 12 premises over alleged bid-rigging involving 28 building renovation projects worth around HK$500 million. The Competition Commission said on Thursday that the raids, conducted on Wednesday under an operation codenamed “Hunter,” included the offices of four unnamed building contractors. The operation was a follow-up to an investigation […]

By Hans Tse