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Title: The Lion City and the Fragrant Harbour: The Political Economy of Competition Policy in Singapore and Hong Kong Compared
Authors: Williams, M
Keywords: Antitrust laws
Political economy
International comparisons
Geographic profiles
Asian history
Issue Date: 2009
Publisher: SAGE Publications
Source: Antitrust bulletin, 2009, v. 54, no. 3, p. 517-577 How to cite?
Journal: Antitrust bulletin 
Abstract: Hong Kong and Singapore are recent converts to the notion that an antitrust regime is an important part of the necessary regulatory structure underpinning a contemporary economy. Singapore enacted a general competition law in 2004. Although the Hong Kong government was committed to legislate by the end of 2009, action has been delayed ostensibly as a result of unexplained technical issues. These two Far Eastern enclaves of capitalism have much in common, but they also display significant differences in terms of economic and political structures, which have a profound effect on competitive conditions in their domestic markets. This article will attempt to describe the similarities and differences between the two cities in terms of their respective histories, political arrangements, and economic models. The article will explain and analyze the development of their respective competition policies. Finally, an attempt will be made to predict the future development of their new procompetition regimes, given the political economy landscape within which each system will operate.
ISSN: 0003-603X
EISSN: 1930-7969
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