Over two years ago, in June 2012, the Legislative Council enacted Hong Kong’s first cross-sector competition law, the Competition Ordinance (‘Ordinance’). To date, progress to implement the Ordinance has been relatively slow. In particular, the Ordinance itself has come into effect only in part; full entry into force is only expected in 2015. Nonetheless, recently important steps to implement the Ordinance have been taken. First, the Competition Tribunal (‘Tribunal’) has been empowered to act as a superior court of record with primary jurisdiction to hear and adjudicate competition-related cases. In addition, the Competition Commission (‘Commission’) has started its work to provide practical guidance for businesses.