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Commerce and Industry
relationships among, their members. There are many other associations representing specific sectors or interests, and overseas chambers of commerce.
Promotion of Competition
The government promotes sustainable competition to enhance economic efficiency and the free flow of trade, benefiting both consumers and businesses. The Competition Ordinance provides a legal framework to tackle anti-competitive conduct in all sectors and regards conduct such as price fixing, market sharing, bid rigging and output limitation as serious. anti-competitive conduct.
Established under the ordinance, the government-appointed Competition Commission enforces the ordinance and investigates possible contraventions, promotes public understanding of the ordinance, carries out market studies and advises the government on competition matters. During the year, the commission received over 600 complaints and enquiries and brought a case to the Competition Tribunal, the fourth case since the ordinance took effect fully in 2015.
In May, the tribunal ruled in favour of the commission in Hong Kong's first two competition cases involving bid-rigging, market sharing and price fixing. It found 14 companies in contravention of the ordinance.
Creative Industries
Create Hong Kong
Creative industries in Hong Kong cover eight sectors, namely advertising, architecture, design, digital entertainment, film, music, printing and publishing, and television. The government supports their development through Create Hong Kong (CreateHK), under the Communications and Creative Industries Branch of the Commerce and Economic Development Bureau.
Support for Film Sector
Film Development Council
The Film Development Council advises the Secretary for Commerce and Economic Development on the policies and strategies for the promotion and development of the film industry, and the use of the Film Development Fund to support film-related activities to nurture talent for the industry's manpower and training needs, enhance local production, expand markets and build audiences.
Film Development Fund
The fund supports productions for commercial release and other film-related projects conducive to the local industry's sustainable and long-term development. The government effected a one-off injection of $1 billion into the fund in May, bringing the total amount
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As at end-2019, both cases were under appeal by certain respondents.
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