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HK Govt proposes to exempt HKEx and subsidiaries from competition law
HK Legislative Council, 24-Nov-2014
Comment: this is outrageous. There is no reason why the stock and futures exchanges, and their clearing houses, should be exempt from the law. These are commercial activities and HKEx should not be allowed to defend their monopolies with anti-competitive practices. HK Govt owns nearly 6% of HKEx.
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