Hong Kong port operators close in on approval for joint venture
No competition issues were found by the Competition Commission in the International Transhipment and Barge Transhipment markets, but additional commitments were required for the Gateway market. The Hong Kong Seaport Alliance was formed in April 2019
Alliance members’ dominance in the Gateway market was seen as “unlikely to be subject to effective competitive constraint” and they could as such, potentially increase charges, or reduce service levels, to the detriment of their customers