The Competition Commission (Commission) signed a Memorandum of Understanding (MoU) with the Independent Commission Against Corruption (ICAC) to strengthen cooperation and exchanges between the two agencies, with the aim of enhancing the overall effectiveness in combating illegal activities that involve both anti-competitive and corruption elements.
The Commission and the ICAC have been working closely with each other. The signing of MoU is an important step forward to consolidate the partnership, with a view to fostering greater synergy between the two agencies in their joint effort to safeguard a clean and level-playing field for all businesses in Hong Kong.