Competition Commission
Hong Kong's Competition Commission has not ruled out links between at least two bid-rigging syndicates and renovations at Wang Fuk Court, the Tai Po estate destroyed in a fire. Executive director for legal services Lester Lee Hiu-leung told a judge-led committee on Thursday that law enforcement agencies will probe potential fraud in residents' selection of the HK$336 million Prestige proposal, the priciest among 57 bids.
Reported by AI
The Competition Commission has ordered Google to pay R688 million over five years to compensate South African news publishers for value extracted from the industry. This ruling provides some relief amid a distorted digital market but frustrates publishers over Meta's absolution and inaction on misinformation. Treating journalism as a public good through policy interventions is seen as crucial for sustainability.