25 Mar 2025
COMPETITION COMMISSION v. GRAY LINE TOURS OF HONG KONG LTD AND OTHERS
- Citation
- [2025] HKCT 2
- Court
- Competition Tribunal
- Case number
- CTEA1/2022
The Tribunal holds that the W Hing structured methodology applies where there is turnover directly or indirectly related to the contravention; Prudential’s licence income (HK$171,290) qualifies as turnover related to the contravention and the Commission failed to prove exceptional circumstances to depart from the structured methodology or that turnover was not a genuine proxy for economic effect; accordingly the structured methodology is used and the Tribunal accepts Prudential's approach, indicating a pecuniary penalty equivalent to the economic metric of HK$171,290 is appropriate in the cir…