Antitrust Antitrust

Fungs E & M becomes last to admit liability to settle Hong Kong renovation-cartel lawsuit

By Xu Yuan
  • 26 Aug 2020 01:02
  • 26 Aug 2020 01:02
Hong Kong decorating contractor Fungs E & M Engineering has become the last of nine parties to indicate it was willing to settle an enforcement lawsuit filed by the antitrust regulator by admitting liability, in the third case involving renovation cartels in local public housing projects before the competition court.

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Xu Yuan

Senior Correspondent

Xu Yuan has worked for MLex for seven years, all of them based in Hong Kong. She has reported on a wide range of regulatory topics, including antitrust, cybersecurity and data security, in mainland China, Hong Kong and Taiwan. She has broken numerous stories on policymaking and enforcement involving international companies doing business in the region and done substantial court reporting in Hong Kong. She is currently specializing in covering regulatory issues related to future mobility, including connected vehicles. She previously worked for US TV network NBC in Beijing. She received her undergraduate degree in English Literature and Linguistics from Peking University and a master’s degree from the Journalism and Media Studies Centre at The University of Hong Kong.

Discover MLex

Stay on top of global regulatory developments

Latest News