Otto Poon’s ATAL Building Services Engineering is facing a second antitrust suit. SING TAOEunice LamThe Competition Commission has commenced another set of proceedings against a company owned by Otto Poon Lok-to, husband of former secretary for justice Teresa Cheng Yeuk-wah, for alleged price-fixing, market-sharing and bid-rigging. The second antitrust suit faced by Poon's ATAL Building Services Engineering in the Competition Tribunal is over a suspected air-conditioning work cartel between December 2015 and June 2018. Another air-conditioner work provider, Johnson Controls Hong Kong, its parent company and a former assistant service manager of Johnson Controls, Jimmy Lee Yui-ming, are also involved in this round of proceedings. It said the potential liability of ATAL Building Services under both proceedings had been dealt with and resolved under the agreement entered into with the commission in November 2022.

Source: The Standard May 24, 2023 01:14 UTC